Brief: Aega Invests In Norsk Solar

Nordic Financials ASA

30/10/2020 07:09

Oct 30 (Reuters) - Aega ASA  AEGA.OL :
    * AEGA INVESTS IN NORSK SOLAR
    * ENTERED INTO AN AGREEMENT TO INVEST IN FAST-GROWING
INTERNATIONAL INTEGRATED SOLAR ENERGY PRODUCER, NORSK SOLAR AS
    * TO ACQUIRE AN OWNERSHIP SHARE OF 6 PERCENT IN NORSK SOLAR
FOR A
CASH CONSIDERATION OF NOK 20 MILLION
    * INVESTMENT IS TO BE MADE BY SUBSCRIPTION OF NEW SHARES IN
A
SHARE CAPITAL INCREASE IN NORSK SOLAR, EXPECTED TO BE RESOLVED
BY EGM ON OR ABOUT 4 OCTOBER 2020
    * COMPLETION OF TRANSACTION IS EXPECTED TO TAKE PLACE IN
FIRST
HALF OF NOVEMBER 2020
    * FOLLOWING COMPLETION OF TRANSACTION, NILS PETTER SKASET,
CEO OF
AEGA ASA, WILL BECOME A MEMBER OF NORSK SOLAR'S BOARD OF
DIRECTORS

Source text for Eikon:  ID:nObilZlCLa 
Further company coverage:  AEGA.OL 

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