Brief: Borgestad Completes Private Placement, Proceeds Higher Than Expected

Borgestad ASA

28/11/2019 07:22

Nov 28 (Reuters) - Borgestad ASA  BOR.OL :
    * COMPLETES PRIVATE PLACEMENT
    * DUE TO HIGH DEMAND THE ISSUE VOLUME HAS BEEN SCALED UP
    * 5 MLN SHARES WILL BE ISSUED AT NOK 20 PER SHARE
    * ISSUE WILL NOW BRING GROSS PROCEEDS OF NOK 100 MLN, AS
COMPARED
TO PREVIOUSLY ANNOUNCED NOK 50-75 MLN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiH6lWYa
    
 Further company coverage:  BOR.OL  
   


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