RIGHTS ISSUE OF UP TO 12 000 038 OFFER SHARES AT A SUBSCRIPTION PRICE OF NOK 1.00 PER OFFER SHARE, WITH SUBSCRIPTION RIGHTS FOR EXISTING SHAREHOLDERS AS OF THE END OF 9 AUGUST 2013.
Comrod Communication ASA´s Extraordinary General Meeting approved the rights issue in accordance with the proposal from the Board. Shares to trade ex-rights from 12. August 2013.
Continued weak sales performance for Comrod Communications Group during Q2 in line with prevailing weak global defense spendings in Comrod’s product segments.
Continued weak sales performance for Comrod Communications Group during Q1 in line with prevailaing weak global defense spendings in Comrod's product segments.
On the 29th of April 2013 was the Annual General Meeting in Comrod Communication ASA held at Fiskåvegen 1, 4120 Tau
The Annual General Meeting of Comrod Communication ASA will be held on Monday 29 April 2013 at 11.00 a.m. at Fiskåvg. 1, 4120 Tau (Norway).
Comrod Communication's Annual Report for 2012
Highlights since Q3 reporting: · Global market conditions for all product areas within the Group are getting increasingly challenging. · The impact of weak public finances in most of Comrod's markets are becoming very visible for the defence segment. This is typically leading to postponements of new orders and a lower volume of contracts (delayed decisions for new programs).
Comrod Communication ASA has today acquired the remaining 20% of the shares in Comrod Sweden AB at the purchase price of SEK 2.0 mill.
Challenging global market conditions still prevailing. · The traditional important markets still strongly affected by weak public finances. · Group operating revenue significantly reduced compared to Q2. · The low revenue levels have resulted in lower EBITDA for Q3 than earlier expected.