NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange notice from Nordic Halibut AS (“Nordic Halibut” or the “Company”) on 11 December 2023 (the “Stock Notice”) regarding the subsequent offering of up to 500,000 new shares (the “Offer Shares”) in the Company (the “Subsequent Offering”) at a subscription price of NOK 20.70 per share (the “Offer Price”).
The subscription period for the Subsequent Offering ended today, the 18 December 2023 at 16:30 CET. By the end of the subscription period, the Company had received valid subscriptions for 275,353 Offer Shares in the Subsequent Offering. The board of the Company has today resolved that a total of 275,353 Offer Shares will be allocated at the Offer Price in accordance with the allocation criteria set out in the Stock Notice, raising gross proceeds of approx. NOK 5.7 million.
Investors that are allocated Offer Shares can access information on the number of Offer Shares allocated and the corresponding amount to be paid by each subscriber through VPS or by contacting one of the Managers on or about 19 December. The due date for payment of the Offer Shares is on 20 December 2023
Subject to duly and timely payment of the Offer Shares, the share capital increase pertaining to the Offer Shares is expected to be registered in the Norwegian Register of Business Enterprises on or about 21 December 2023 and will be delivered to the VPS accounts of the subscribers shortly thereafter. The Offer Shares will have equal rights and rank pari passu with the Company’s other shares.
Pareto Securities AS and SpareBank 1 Markets AS have been retained as Joint Managers and Joint Bookrunners (together the “Managers”) in the Subsequent Offering. Wikborg Rein Advokatfirma AS is acting as legal advisor to the Company, and Advokatfirmaet Wiersholm AS acts as legal counsel to the Managers.
For more information, please contact:
CEO Edvard Henden, email@example.com, tel: +47 91 14 11 65
CFO Kenneth Meyer, firstname.lastname@example.org, tel: +47 45 21 24 24
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.