Brief: Ensurge Micropower Contemplates Private Placement

Ensurge Micropower ASA

15/06/2023 06:34

June 15 (Reuters) - Ensurge Micropower ASA  ENSU.OL :
    * CONTEMPLATED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN COMPANY ( "OFFER SHARES") RAISING
GROSS
PROCEEDS OF NOK 45-75 MILLION
    * SUBSCRIPTION PRICE PER SHARE OF NOK 0.10
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TO FUND COMPANY'S OPERATIONS OVER NEXT
3-6
MONTHS
    * BOOKBUILDING PERIOD FOR PRIVATE PLACEMENT WILL COMMENCE ON 15 JUNE 2023 AT 08:00 CEST AND
IS
EXPECTED TO CLOSE ON 16 JUNE 2023 AT 08:00 CEST
    * PRIVATE PLACEMENT WILL BE DIRECTED TOWARDS NORWEGIAN AND INTERNATIONAL INVESTORS
    * A SUBSEQUENT OFFERING WILL, IF MADE, BE DIRECTED TOWARDS ELIGIBLE SHAREHOLDERS IN ENSURGE
WHO
ARE SHAREHOLDERS IN COMPANY AS OF 15 JUNE 2023

Source text for Eikon:  ID:nGNE6QHv60 
Further company coverage:  ENSU.OL 

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