Brief: BW Ideol Mulls Private Placement

Bw Offshore

11/03/2021 07:08

March 11 (Reuters) - BW Offshore Ltd  BWO.OL :
    * BW OFFSHORE LTD -
    * CONTEMPLATED PRIVATE PLACEMENT AND SUBSEQUENT ADMISSION TO
TRADING ON EURONEXT GROWTH OSLO
    * BW IDEOL AS CONTEMPLATED PRIVATE PLACEMENT OF NEW SHARES
IN
COMPANY TO RAISE GROSS PROCEEDS OF APPROXIMATELY NOK 500 MILLION
    * SETTLEMENT IS EXPECTED TO TAKE PLACE ON OR ABOUT 18 MARCH
2021
ON A DELIVERY VERSUS PAYMENT BASIS
    * FOLLOWING COMPLETION OF OFFERING AND TRANSACTION, BW IDEOL
AS IS
EXPECTED TO BE ADMITTED TO TRADING ON EURONEXT GROWTH (OSLO),
WITH FIRST DAY OF TRADING EXPECTED TO OCCUR ON OR ABOUT 18 MARCH
2021 UNDER TICKER SYMBOL "BWIDL"

Source text for Eikon:  ID:nGNE1PFl5c 
Further company coverage:  BWO.OL 

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