Brief: Kid: Contemplated Secondary Placing

Kid ASA

16/03/2021 15:31

March 16 (Reuters) - Kid ASA  KID.OL :
    * CONTEMPLATED SECONDARY PLACING
    * ABG SUNDAL COLLIER ASA AND SPAREBANK 1 MARKET HAS BEEN
RETAINED
AS JOINT BOOKRUNNERS BY GJELSTEN HOLDING AS TO EXPLORE SALE OF
UP TO 5 - 6 MILLION EXISTING SHARES IN KID ASA
    * SHARES REPRESENTING APPROXIMATELY 12 -15% OF SHARE CAPITAL
IN
COMPANY
    * GJELSTEN HOLDING CURRENTLY HOLDS 10,161,291 SHARES IN
COMPANY,
EQUIVALENT TO 25% OF SHARE CAPITAL.

Source text for Eikon:  ID:nObi7bXwKa 
Further company coverage:  KID.OL 

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