Brief: Baltic Sea Properties to raise up to NOK 48 mln in share issue

Baltic Sea Properties AS

07/01/2019 13:16

Jan 7 (Reuters) - Baltic Sea Properties AS  BALT-ME.OL :
    * RESOLVED TO CARRY OUT A RIGHTS ISSUE WITH GROSS PROCEEDS
OF
MINIMUM NOK 24 MILLION AND UP TO MAXIMUM NOK 48 MILLION WITH
PRE-EMPTIVE SUBSCRIPTION RIGHTS FOR EXISTING SHAREHOLDERS
    * SUBSCRIPTION PRICE IN RIGHTS ISSUE IS SET AT NOK 30 PER
NEW
SHARE AND, THUS, A MINIMUM OF 800,000 AND MAXIMUM OF 1,600,000
NEW SHARES IN COMPANY WILL BE ISSUED
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE WILL COMMENCE ON 9
JANUARY
2019 AT 09:00 (CET) AND END ON 23 JANUARY 2019 AT 16:30

Source text for Eikon:  urn:newsml:reuters.com:*:nObiWHdP6a
Further company coverage:  BALT-ME.OL 

 (Reporting by Oslo newsroom)
 ((terje.solsvik@thomsonreuters.com;))