1Mês·

General Meeting on 17.06.26

$DSRT (-4,3%)
Desert Control corrects invitation to the Annual General Meeting on June 17, 2026

Wednesday, 03.06.2026 16:51

Source: reuters.com

* Desert Control corrects the notice of convocation of the Annual General Meeting from today.

* Annual General Meeting on June 17, 2026 at 17:00 (CEST) as a digital meeting.

* Venue remains the company address in Sandnes, Grenseveien 21 .

* Invitation and proposed resolutions have been distributed to shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice.

Desert Control AS published the original content used to generate this news brief via Cision (Ref. ID: 20260603:BIT:1346:0) on June 03, 2026, and is solely responsible for the information contained therein.

12 Comentários

jkb92@jkb92

1Mês

I lost patience yesterday (mainly due to the unreliable availability of TR). But therefore the big rise is of course logical one day after the exit hahah

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Sebbster@Sebbster

1Mês

@jkb92 Why don't you hold such a share for the long term? It's such a candidate for a possible multiplication that you can't sell again so quickly, can you?

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jkb92@jkb92

1Mês

@Sebbster had several reasons. The weight in the portfolio was actually homeopathic, but I didn't want more. I decided not to buy such things any more. I've done that a few times now with titles where I thought the story was great. I promised myself I wouldn't do that now. And the recent insider purchases, one of them had hardly bought more shares than me. That didn't really convince me either. Nevertheless, I wish you good returns :)

Another reason was that the share was repeatedly not tradable at TR and did not show any prices.

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Raketentoni@Raketentoni

1Mês

Are you invested and if so, will you take part?

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UNU1984@UNU1984

1Mês

@Raketentoni I'm invested, but I can't say yet whether I'll take part.

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Raketentoni@Raketentoni

1Mês

@UNU1984 How did you find out about the company? Through my introduction? I'll probably take part and then decide whether I'll follow up 🤷

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Phil@Phil

1Mês

@Raketentoni I also came across the share through your presentation and got in at a minimum because I find the concept exciting. Many thanks for the contribution, I would still find updates exciting. VG

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Raketentoni@Raketentoni

1Mês

@Phil yes, I have already given 2 updates. I don't have that much time at the moment. Yes, the concept is great, I'm convinced of it. I bought a 5-digit number of shares 😬

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UNU1984@UNU1984

1Mês

@Raketentoni I became aware of it through your introduction, thank you, I find it very exciting.

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Sebbster@Sebbster

@UNU1984 Things aren't looking good at all for $DSRT today. Are you going to buy more? @Raketentoni

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Raketentoni@Raketentoni

@Sebbster Hey! Let's see—there will be subscription rights in the portfolio.

Desert Control's 40% plunge today (July 2, 2026) has a single, brutal cause:

A massive, highly dilutive rights issue.
The company laid out the terms for this new capital raise yesterday (July 1, 2026), and the Oslo Stock Exchange is punishing it mercilessly:

Absolute dilution (1:1 ratio): The subscription ratio for the new shares has been set at 1:1. This simply means that for every existing share, one new share will be issued. The number of shares will thus double, massively diluting the stakes of existing shareholders.

The extreme discount:

The final subscription price for the new shares will not be definitively set until shortly before the extraordinary general meeting (scheduled for July 16, 2026). However, management has already stipulated in the terms and conditions that the new shares will be offered at a discount of at least 32.5% to the volume-weighted average price (VWAP).

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UNU1984@UNU1984

Desert Control Asks Shareholders to Vote on a Fully Guaranteed Rights Offering of 70 Million NOK

Thursday, July 2, 2026, 2:08 p.m.
Source: reuters.com
* Shareholders will vote on a fully guaranteed rights offering to raise NOK 70 million in gross proceeds.

* Subscription price: TERP based on the 3-day VWAP prior to the meeting, with a minimum discount of 32.5 percent; issuance of tradable subscription rights.

* Additional item on the ballot: Authorization to issue shares to cover the underwriting commission, with a choice of 10 percent in cash or 12 percent in shares.

* Further authorization: Capital increases of up to 40 percent of the share capital following the issuance for financing, acquisitions, and incentives.

* Recommendation: Approval of all proposals; EGM on July 16, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice.

Desert Control AS published the original content used to generate this news brief on July 2, 2026, and is solely responsible for the information contained therein.

The information presented by Refinitiv is intended for informational and educational purposes only. All information contained herein should be independently verified and confirmed. Please be aware of the risks involved in any trading conducted in any financial market.

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