July 14 (Reuters) - Bluenord ASA BNOR.OL:
BLUENORD ASA: INITIATING OFFER TO BUY BACK OWN SHARES
TENDER OFFER TO PURCHASE SHARES OF COMPANY UP TO NOK EQUIVALENT OF USD 50 MILLION
OFFERING WILL BE CONDUCTED AS A REVERSE BOOK BUILDING PROCESS IN WHICH SHAREHOLDERS CAN SUBMIT SALES OFFERS
TO EXTENT COMPANY ELECTS TO BUY BACK LESS THAN $50 MILLION, REMAINING AMOUNT WILL BE PAID TO SHAREHOLDERS AS DIVIDEND
Source text: ID:nObixm0Ypa
Further company coverage: BNOR.OL
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