Brief: Ensurge Micropower To Cancel Subsequent Offering

Ensurge Micropower ASA

07/12/2022 12:06

Dec 7 (Reuters) - Ensurge Micropower ASA  ENSU.OL :
    * BOARD OF DIRECTORS HAS DECIDED TO CANCEL SUBSEQUENT
OFFERING
    * AFTER COMPLETION OF PRIVATE PLACEMENT, SHARES IN CO HAVE
TRADED
AROUND OR BELOW SUBSCRIPTION PRICE IN PRIVATE PLACEMENT WITH
VOLUMES EXCEEDING MAXIMUM SIZE OF SUBSEQUENT OFFERING
    * SHAREHOLDERS WISHING TO REDUCE DILUTIVE EFFECT OF PRIVATE
PLACEMENT HAVE HAD OPPORTUNITY TO PURCHASE SHARES IN CO IN
MARKET AT PRICES SIMILAR TO OR BELOW WHAT WOULD HAVE BEEN
SUBSCRIPTION PRICE IN SUBSEQUENT OFFERING

Source text for Eikon:  ID:nGNE7PSF7K 
Further company coverage:  ENSU.OL 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))