Brief: Axxis Geo Solutions: Successful Private Placement

Fjord Defence ASA

11/10/2019 09:32

Oct 11 (Reuters) - Axxis Geo Solutions ASA  AGSOL.OL :
    * SAID ON THURSDAY PRIVATE PLACEMENT WAS SUCCESSFULLY PLACED
    * SAID IT HAS RAISED APPROXIMATELY NOK 225 MILLION IN GROSS
PROCEEDS THROUGH A PRIVATE PLACEMENT OF 37,500,000 NEW SHARES AT
A PRICE PER SHARE OF NOK 6
    * THE PRIVATE PLACEMENT IS DIVIDED INTO TWO TRANCHES
    * THE SETTLEMENT DATE FOR TRANCHE 1 OF 9.4 MLN SHARES IS
EXPECTED
TO BE ON OR ABOUT 15 OCTOBER
    * SETTLEMENT DATE FOR TRANCHE 2 OF 28.1 MLN SHARES IS
EXPECTED TO
BE SHORTLY AFTER EGM, EXPECTED TO BE HELD ON OR ABOUT NOV 1 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiZzYSza
    
 Further company coverage:  AGSOL.OL  

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