(Oslo, May 21 2019) Hiddn Solutions ASA (Hiddn, OSE: HIDDN)
Hiddn Solutions ASA and operating daughter companies in the group will continue its business and be operationally unaffected by this. The proposed business combination with Energos Group ASA will continue as planned and be proposed for the General Assembly in mid June 2019.
On Wednesday May 15 Hiddn Security AS had to report lower operating revenue for first quarter of 2019 and continued loss making. On that basis the Board of Directors announced a cost reduction program for the rest of 2019. Following the announcement, the