Brief: Klaveness Combination Carriers: Contemplated Block Sale Of Existing Shares In Company

Klaveness Combination Carriers ASA

28/02/2023 15:50

Feb 28 (Reuters) - Klaveness Combination Carriers ASA
 KCCK.OL :
    * CONTEMPLATED BLOCK SALE OF EXISTING SHARES IN KLAVENESS
COMBINATION CARRIERS ASA (KCC)
    * EGD SHIPPING INVEST  RETAINED CLARKSONS SECURITIES AS AND
DNB
MARKETS TO EXPLORE A POTENTIAL BLOCK SALE OF EXISTING SHARES IN
KLAVENESS COMBINATION CARRIERS
    * SELLER IS CONTEMPLATING SELLING UP TO 3,000,000 SHARES IN
COMPANY (EQUAL TO APPROX. 5.7% OF COMPANY'S OUTSTANDING SHARES)
    * PRICE IN OFFERING WILL BE SET THROUGH AN ACCELERATED
BOOKBUILDING PROCESS.
    * APPLICATION PERIOD IN OFFERING WILL COMMENCE IMMEDIATELY
(28
FEBRUARY 2023) AND WILL CLOSE ON 1 MARCH 2023 AT 08:00 CET
    * SELLER CURRENTLY HOLDS 8,805,128 SHARES IN COMPANY (EQUAL
TO
APPROX. 16.81% OF COMPANY'S OUTSTANDING SHARES)

Source text for Eikon:  ID:nObiDf3Cca 
Further company coverage:  KCCK.OL 

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