Brief: MPC Container Ships Contemplates Private Placement Of NOK 125 Mln

Mpc Container Ships ASA

13/02/2020 15:59

Feb 13 (Reuters) - MPC Container Ships ASA  MPCC.OL :
    * CONTEMPLATED PRIVATE PLACEMENT
    * CONTEMPLATES PRIVATE PLACEMENT OF 7,250,000 NEW SHARES
WITH
GROSS PROCEEDS OF NOK 125 MILLION
    * SUBSCRIPTION PRICE WILL BE FIXED AT NOK 17.25 PER SHARE
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TOWARDS
GENERAL
CORPORATE PURPOSES
    * PRELIM FY OPERATIONAL REVENUE $184.5M VERSUS $183.4M YEAR
AGO
    * PRELIM FY EBITDA $21.9M VERSUS $45.3M YEAR AGO
    * PRELIM FY FLEET UTILIZATION 89.3% VERSUS 92.0% YEAR AGO
    * FY REVENUE, EBITDA AFFECTED BY EXTRAORDINARY
PROJECT-RELATED
OFF-HIRE, SOFTER CHARTER MARKET

Source text for Eikon:  ID:nWkr7VZZSK 
Further company coverage:  MPCC.OL 

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