Bouvet ASA (OB:BOUV) signed an agreement to acquire Headit As on September 11, 2023.The agreement will take effect from October 2, 2023. Bouvet is purchasing all the shares in Headit AS for a combination of cash and shares in the acquiring company.

Bouvet ASA (OB:BOUV) completed the acquisition of Headit As for NOK 30 million on October 2, 2023. The acquisition was financed by NOK 17.8 million in cash and NOK 6.7 million in shares in Bouvet ASA, as well as a clause on deferred settlement after 2 years of NOK 5.5 million in cash, subject to fulfilment of certain conditions. In connection with the acquisition of Headit AS, there has been a distribution of 120,328 shares as part of the consideration for the purchase.