Brief: Norske Skog Completes Private Placement

Norske Skog ASA

14/01/2021 06:29

Jan 14 (Reuters) - Norske Skog ASA  NSKOG.OL :
    * PRIVATE PLACEMENT HAS BEEN SUCCESSFULLY COMPLETED WITH A
TOTAL
TRANSACTION SIZE OF NOK 800 MILLION
    * PLACEMENT THROUGH ALLOCATION OF 23,529,410 SHARES IN
COMPANY AT
A PRICE OF NOK 34 PER SHARE
    * NS NORWAY HOLDING AS HAS SOLD 11,764,705 SHARES IN PRIVATE
PLACEMENT AT A PRICE OF NOK 34 PER SHARE
    * FOLLOWING THE PRIVATE PLACEMENT, NS NORWAY HOLDING WILL
OWN
40,396,681 SHARES IN COMPANY, EQUAL TO ABOUT 48.97% OF THE
OUTSTANDING EXISTING SHARES
    * CO IS CONSIDERING TO CONDUCT SUBSEQUENT SHARE OFFERING OF
UP TO
1,764,705 NEW SHARES WITH NON-TRADEABLE SUBSCRIPTION RIGHTS TO
ELIGIBLE SHAREHOLDERS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiVPxr7a urn:newsml:reuters.com:*:nObiCYxMBa urn:newsml:reuters.com:*:nObiC4LpSa
    
 Further company coverage:  NSKOG.OL  
   


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