Brief: Atlantic Sapphire Proposes Increase Of Rights Issue

Atlantic Sapphire ASA

16/09/2024 08:10

Sept 16 (Reuters) - Atlantic Sapphire ASA  ASA.OL :
    * SAID ON FRIDAY RESOLVED TO PROPOSE INCREASE IN SIZE OF
RIGHTS
ISSUE TO NOK-EQUIVALENT OF USD 64 MILLION FROM NOK-EQUIVALENT OF
USD 60 MILLION 
    * THIS IS AIMED AT PROVIDING COMPANY WITH ADDITIONAL BUFFER
CAPITAL
    * UNDERWRITING OF RIGHTS ISSUE WILL NOT BE AFFECTED BY
INCREASE IN
TRANSACTION SIZE
    * UNDERWRITTEN AMOUNT WILL STILL BE NOK EQUIVALENT OF USD 60
MILLION

        
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