Brief: Aqua Bio Technology To Issue 5 Mln Consideration Shares At Price Of Nok 3.66

Aqua Bio Technology ASA

29/08/2024 14:32

Aug 29 (Reuters) - Aqua Bio Technology ASA  ABTEC.OL :
    * ISSUANCE OF CONSIDERATION SHARES AND DISCLOSURE OF LARGE
SHAREHOLDING
    * TO SETTLE SHARE COMPONENT OF PURCHASE PRICE UNDER SPA,
CO'S
BOARD HAS TODAY RESOLVED TO ISSUE 5,000,000 CONSIDERATION SHARES
AT SUBSCRIPTION PRICE OF NOK 3.66 PER CONSIDERATION SHARE, EACH
WITH NOMINAL VALUE OF NOK 2.50
    * CONSIDERATION SHARES ARE SUBJECT TO 36-MONTH LOCK UP
UNDERTAKING
AND WILL BE DELIVERED ON A SEPARATE ISIN PENDING COMPANY'S
PUBLICATION OF EEA LISTING PROSPECTUS APPROVED BY NORWEGIAN
FINANCIAL SUPERVISORY AUTHORITY
    * FOLLOWING COC INVEST'S SUBSCRIPTION OF CONSIDERATION
SHARES, COC
INVEST WILL OWN TOTAL OF 6,200,000 SHARES AND VOTES IN CO,
REPRESENTING ABOUT 8.92 % OF OUTSTANDING SHARES AND VOTES IN CO

Source text for Eikon:  ID:nObi6xBZqa 
Further company coverage:  ABTEC.OL 

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