Brief: M Vest Water Contemplates Private Placement Of NOK 8 mln

M Vest Water AS

29/10/2025 15:35

Oct 29 (Reuters) - M Vest Water AS MVWM.OL:

CONTEMPLATED UNDERWRITTEN PRIVATE PLACEMENT

TO RAISE NOK 8 MILLION VIA PRIVATE PLACEMENT

SUBSCRIPTION PRICE PER OFFER SHARE SET AT NOK 8

PROCEEDS TO PROVIDE ADEQUATE FUNDING FOR CO'S CURRENT ONGOING PROJECTS AND TENDERS

ALSO AGREED WITH TWO SHAREHOLDERS TO CONVERT THEIR OUTSTANDING SHAREHOLDER LOAN AMOUNTING TO NOK 12 MILLION PLUS INTEREST OF NOK 622,688 TO NEW SHARES

Source text: ID:nMFN7QksW8

Further company coverage: MVWM.OL

 (Gdansk Newsroom)

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