Brief: Axactor: Private Placement Of New Shares Successfully Placed

Axactor ASA

06/02/2020 08:59

Feb 6 (Reuters) - Axactor SE  AXAC.OL :
    * SAID ON WEDNESDAY THAT IT HAS ALLOCATED 30 MILLION NEW
SHARES IN THE PRIVATE PLACEMENT AT A SUBSCRIPTION PRICE OF NOK
17.25 PER SHARE,RAISING GROSS PROCEEDS OF NOK 517.5 MILLION
    * INTENDS TO USE THE NET PROCEEDS FROM THE PRIVATE PLACEMENT
TO
FUND FURTHER GROWTH AND FOR GENERAL CORPORATE PURPOSES
    * MR. JOHN FREDRIKSEN FOR THE BENEFIT OF HIS IMMEDIATE
FAMILY, 
WAS ALLOCATED 12 MLN SHARES IN THE PRIVATE PLACEMENT 
    * FOLLOWING COMPLETION OF THE PLACEMENT, GEVERAN TRADING CO
LTD.
WILL OWN 56.7 MLN SHARES IN AXACTOR, REPRESENTING 30.59 % OF THE
OUTSTANDING SHARE CAPITAL AND VOTING RIGHTS IN THE COMPANY
 urn:newsml:reuters.com:*:nObiwBmHQa

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL1VdVFZ
    
 Further company coverage:  AXAC.OL  
   


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