Arribatec Solutions (ARR)

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Notification of trade by primary insiders

Geir Johansen, CEO of Arribatec Group ASA has through FinanceResources GJ AS, a company controlled by Mr. Johansen, today purchased 3 (three) shares in Arribatec Group ASA at an average price of NOK 0.28 per share. After this transaction, Mr.Johansen, directly and indirectly, controls 3.606.087 shares in the company.

The share purchase is made in connection with the announcement made by the company on February 22, 2023, where the Company announced that the Company’s extraordinary general meeting had approved a reverse share split (share consolidation) of the Company’s shares in the ratio of 10:1, including the share capital increase by NOK 0.84 (three (3) shares each of par value NOK 0.28), in order to obtain a total number of shares outstanding divisible by 10.
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The enclosed primary insider transaction is enclosed. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Kilde

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Arribatec Group ASA: Registration of share capital increase

(Oslo, Norway, 28 February 2023) Reference is made to the resolution made by the extraordinary general meeting of Arribatec Group ASA (the “Company”) (OSE: ARR, Arribatec) on 22 February 2023 to increase the share capital by NOK 0.84 by the issuance of three (3) new shares, each with a par value of NOK 0.28.

The share capital increase of NOK 0.84 has today been registered with the Norwegian Register of Business Enterprises. Following such registration, the share capital of the Company is NOK 193,360,501.6 divided into 690,573,220 shares, each with a par value of NOK 0.28.
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The share capital increase shall facilitate the consolidation of the Company’s shares (reverse share split) by way of 10 existing shares, each of par value NOK 0.28, being consolidated to one share with par value NOK 2,8.

For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

This information is published in accordance with the requirements of the Continuing Obligations.

About Arribatec | www.arribatec.com
Arribatec is a consulting and software company headquartered in Oslo. With a customer-centric engagement model, combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1200 large entities spread over 25 countries and various industries, both in the private and public sectors. The company employs 440 people with offices in 17 countries.

Kilde

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ARR: Key information relating to the reverse share split and change of ISIN

Please note the following key information for the reverse share split:

• Date on which the corporate action was made public: 22 February 2023
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• Reverse split ratio: ten (10) old shares give one (1) new share
• Last day including right: 9 March 2023
• Ex-date: 10 March 2023
• Record date: 13 March 2023
• Date of approval: 8 March 2023

In connection with the reverse share split, Arribatec Group ASA’s shares will be transferred to a new ISIN. Please note the following key information for the change of ISIN:

Issuer: Arribatec Group ASA
Previous ISIN: NO0003108102
New ISIN: NO0012861667
Date of ISIN change: 10 March 2023

This information is published in accordance with the requirements of the Continuing Obligations.
For additional information, please contact:

Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451
Martin Nes, Chairman of the Board, Arribatec Group ASA: +47 920 14 814

About Arribatec | www.arribatec.com
Arribatec is a consulting and software company headquartered in Oslo. With a customer-centric engagement model, combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1500 large entities spread over 25 countries and various industries, both in the private and public sectors. The company employs 400 people with offices in 17 countries.

Kilde

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Arribatec awarded NOK 14 million contract extension

(Oslo, Norway, 9 March 2023) Arribatec Group ASA (Arribatec, OSE: ARR) today announces a NOK 14 million contract extension from a leading European-based global engineering company, for Arribatec’s ERP solutions.

“This agreement further solidifies the strong partnership between our companies and demonstrates the value of our delivery and implementation expertise for Unit4 ERP solutions. We are absolutely thrilled to have been given the opportunity to continue supporting our customer with their ongoing transformation program and showcase our global and local ERP expertise,” says Tom Vandezande, Global Head of Business Services in Arribatec.
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Arribatec has entered into an agreement to extend the ERP cooperation for improvements of business processes and the related Unit4 ERP solutions, in addition to support and implementation services of the Unit4 ERP solutions for their other European-based entities.

The contract extension value is approximately NOK 14 million and will be delivered by Arribatec’s ERP- and business process management teams during 2023.

ENDS
For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

About Arribatec | www.arribatec.com

Arribatec is a consulting and software solutions company headquartered in Oslo. With a customer-centric engagement model, combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1500 large entities spread over 25 countries and various industries in the private and public sectors. The company employs 440 people with offices in 17 countries.

Kilde

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Arribatec Group ASA: Registration of reverse share split

(Oslo, Norway, 10 March 2023) Reference is made to the stock exchange announcement made by Arribatec Group ASA (the “Company”) (OSE: ARR, Arribatec) on 22 February 2023 regarding the Company’s extraordinary general meeting resolving a reverse share split of the Company’s shares in the ratio 10:1.

The reverse share split has now been registered with the Norwegian Register of Business Enterprises. Following such registration, the share capital of the Company is NOK 193,360,501.60 divided into 69,057,322 shares, each with a par value of NOK 2.8.
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For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

About Arribatec | www.arribatec.com
Arribatec is a consulting and software solutions company headquartered in Oslo. With a customer-centric engagement model, combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1500 large entities spread over 25 countries and various industries in the private and public sectors. The company employs 400 people with offices in 17 countries.

Kilde

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Arribatec Group ASA - annual report 2022

Arribatec Group ASA has published its annual report for 2022.

The annual report including the annual accounts, the report of the board of directors, the corporate governance report, and the ESG report, is available on the company’s website www.arribatec.com.
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Attachments: Arribatec Group annual report 2022, in pdf and ESEF(zip) data files

For additional information, please contact: Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

Kilde

[TekBot]

ARRIBATEC: Signs NOK 20 million cloud contract extension

ARRIBATEC: Signs NOK 20 million cloud contract extension

(Oslo, Norway, 3 May 2023) Arribatec Group ASA (Arribatec, OSE:ARR) has signed a contract extension for the provision of cloud outsourcing services with a large Norwegian civil engineering contractor, representing an uplift of NOK 20 million.
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“We are proud to sign a long-term contract with one of the leading civil engineering contractors in Norway. Arribatec will be providing state-of-the-art IT solutions, infrastructure, and services over the next three years. The partnership is of strategic importance to Arribatec, and highlights how we deploy our competence and experience across our core business areas to deliver cutting-edge expertise with increased customer value,” says Geir Johansen, CEO of Arribatec.

The civil engineering contractor has been a customer since 2019 and the renegotiated contract has an estimated value NOK of 51 million over three years, representing an increase of NOK 20 million.

“We are very excited to be selected for delivery of a wide scope of services and products for the customer’s operation. This is an exciting opportunity, and we look forward to continuing this journey together with the customer,” says Erik Sundet, Head of BA Cloud in Arribatec.

ENDS

For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a customer-centric engagement model combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1700 companies spread over 25 countries and various industries in the private and public sectors. The company employs over 350 people with offices in 17 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.

Kilde

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Arribatec Group ASA – calling notice for the 2023 ordinary general meeting to be held on 24.05.2023

The annual general meeting of Arribatec Group ASA, reg. no. 979 867 654 (the “Company”) will be held at the premises of the law firm Schjødt, at Tordenskiolds gate 12, Oslo, Norway, on 24 May 2023 at 14:00.

The notice and agenda are attached to this stock exchange notice and will be sent to the company’s shareholders, including the registration and proxy form. In addition, all other documents to be considered by the general meeting are attached to this notice and will also be made available on the company’s website www.arribatec.com.
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The Nomination Committee’s recommendation for items 7, 8, and 9 in the AGM agenda will be published separately and made available through the company’s website.

For additional information, please contact: Bente Brocks, CFO, Arribatec Group ASA: +47 4551 6320

Kilde

[TekBot]

Arribatec Group ASA: Invitation to Q1 2023 presentation

Arribatec Group ASA will publish its Q1 2023 financial results on May 11, 2023 at 7:30 am CET.

CEO Geir Johansen will present the results in a webcast at 9:00 am CET. The webcast can be accessed with the following link:
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https://www.arribatec.com/q1-2023/

The material will be made available at:

https://www.arribatec.com/investors/
https://newsweb.oslobors.no/

For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

ENDS

Kilde

[TekBot]

Arribatec Group ASA – First quarter 2023 financial results

(Oslo, Norway, 11 May 2023) Arribatec Group ASA (OSE:ARR, Arribatec) today reported revenues of NOK 150 million in the first quarter of 2023, up 19% from NOK 126.0 million in the corresponding quarter last year. EBITDA for the quarter was NOK 5.3 million (-6.2), an improvement of NOK 11.5 million. The company has secured several important contracts during the latest months, and expects the development to continue.

“We are pleased to report another record high quarterly revenue of NOK 150 million, in particular since the growth is entirely organic. Moreover, an EBITDA improvement of more than NOK 11 million compared to a year ago bodes well for the quarters to come,” says Geir Johansen, CEO of Arribatec.
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Arribatec reported revenues of NOK 150.0 million (125.9) in the first quarter of 2023 and a positive EBITDA* of NOK 5.3 million (-6.2). The reported EBIT ended at a negative NOK 6.3 million (-18.9), with recognized recurring revenues of NOK 50.9 million (46.8). The company had NOK 61.9 million in cash at the end of the first quarter in addition to NOK 20.0 million in an unutilized revolving credit facility.

“We are now reaping the benefits from the investments in structure, tools, processes and procedures we made in 2021 and 2022. 19% organic growth since a year ago coupled with a healthy pipeline of new potential projects, shows that we have built a company that can take on growth, and do so in a profitable and controlled manner. In short, we have done what we said we would do, ” Johansen concludes.

The Board of Directors’ financial report for the first quarter of 2023 is enclosed.

CEO Geir Johansen will present the results in a webcast at 9:00 am CET. The webcast can be accessed through the following link:

https://www.arribatec.com/q1-2023/

*EBITDA and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements as a part of the APM section of the 2023 first-quarter report on page 34.

ENDS
For additional information, please contact:

Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451
Martin Nes, Chairman of the Board, Arribatec Group ASA: +47 920 14 814

About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a customer-centric engagement model combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1700 companies spread over 25 countries and various industries in the private and public sectors. The company employs over 370 people with offices in 17 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.

Kilde

[Investor1985]

60 mill i cash og endelig positiv cash flow from operations. I forrige kvartal økte de “kassa” med cash og Arribatec begynner å stinke “turn around”. Ikke verdens vanskeligste bedrift å snu

Denne aksjen fås til price/sales 0,45 og er et åpenbart doblingscase? Kristen Falnes mente så på Aksjesladder og jeg er like overbevist; ) Neida, men ting så veldig bra ut, en ganske åpenbar turnaround.

Revenue er 600 mill på 275 mill market cap

[rayman]

Men fortsatt ett negativt driftsresultat?

[Investor1985]

Positiv EBITDA, hvis det er driftsresultat.

Negativt driftsresultat om du tar med avskrivninger (EBIT) a.k.a. oppkjøp som avskrives.

[Dollamasoss]

21,5% opp og ingen kommentar på TI.

Meget populær aksje med andre ord.

[Investor1985]

Hvordan ser det ut teknisk a? Jeg har kjøpt Jeg

[Dollamasoss]

Teknisk er det vel fremdeles fallende. Hvor mange ha du kjøpt?

[Investor1985]

Ikke mange, er fattig, men 20 % av min portefølje.

Fallende ja, kjipt. Vi får blåse på den

[Dollamasoss]

Jeg er også fattig - etter å ha satt litt for mye cash inn i Arribatec
Men vi får håpe det snur.

[Investor1985]

Samme opplevelse her med Pexip, og den har jo steget kraftig selv om tapet fortsatt er veldig stort.

[TekBot]

Arribatec Group ASA – PROPOSAL FROM THE NOMINATION COMMITTEE IN ARRIBATEC SOLUTIONS ASA FOR THE ANNUAL GENERAL 24 MAY 2023

Reference is made to the stock exchange notice from Arribatec Group ASA dated 3 May 2023, where the Company called for the Annual General Meeting for Arribatec Group ASA to be held on 24 May 2023.

Enclosed here is the Recommendation from the Nomination Committee of Arribatec Group ASA for the annual general meeting.
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For additional information, please contact:

Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451

Kilde