Brief: GBL Launches Sale Of Up To Around 18.1 Million Shares Of Mowi ASA

Groep Brussel Lambert NV

21/06/2022 16:14

June 21 (Reuters) - Groep Brussel Lambert NV  GBLB.BR :
    * GBL LAUNCHES THE SALE OF UP TO APPROXIMATELY 18.1 MILLION
SHARES
OF MOWI ASA
    * OFFERING CORRESPONDS TO APPROXIMATELY 3.5% OF MOWI’S SHARE
CAPITAL
    * SALE PRICE AS WELL AS THE TOTAL NUMBER OF SHARES SOLD 
WILL BE
ANNOUNCED UPON COMPLETION OF THE OFFERING, WHICH IS EXPECTED
PRIOR TO MARKET OPENING ON  JUNE 22, 2022
    * IN THE CONTEXT OF OFFERING, GBL INTENDS TO ENTER INTO A
LOCK-UP
AGREEMENT RELATING TO ITS REMAINING MOWI SHARES
    * TRANSACTION WOULD REPRESENT DISPOSAL OF APPROXIMATELY 50%
OF
GBL’S STAKE IN MOWI AND IS PART OF THE GROUP’S ONGOING PORTFOLIO
ROTATION STRATEGY

Source text: https://bit.ly/3tPLmAj
Further company coverage:  GBLB.BR 

 (Gdansk Newsroom)
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