Brief: Norcod Aims To Raise NOK 125-175 Mln From Private Placement

Norcod AS

13/04/2023 15:32

April 13 (Reuters) - Norcod AS  NCOD.OL :
    * ANNOUNCES CONTEMPLATED PRIVATE PLACEMENT OF NEW SHARES IN
COMPANY
    * AIMS TO RAISE GROSS PROCEEDS OF BETWEEN NOK 125 - 175
MILLION
    * SUBSCRIPTION PRICE PER OFFER SHARE IN PRIVATE PLACEMENT
WILL BE
DETERMINED THROUGH AN ACCELERATED BOOKBUILDING
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TO
IINCREASE
BIOMASS IN ACCORDANCE WITH COMPANY'S PRODUCTION PLAN, DEVELOP
TWO NEW LOCATIONS

Source text for Eikon:  ID:nObiBc73Wa 
Further company coverage:  NCOD.OL 

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