Brief: North Energy Increases Investment In Wind Catching Systems

North Energy ASA

15/04/2021 10:21

April 15 (Reuters) - North Energy ASA  NORTH.OL :
    * NORTH ENERGY ASA INCREASES INVESTMENT IN WIND CATCHING
SYSTEMS
    * NORTH ENERGY ASA AND FERD TO SUBSCRIBE FOR NEW SHARES IN
WIND
CATCHING SYSTEMS AS FOR AN AMOUNT OF NOK 10 MILLION EACH.
    * EACH PARTY HOLDS APPROXIMATELY 31% OF SHARES IN WIND
CATCHING
SYSTEMS
    * FOUNDING SHAREHOLDERS IN AGGREGATE HOLD OPTIONS WHICH, IF
EXERCISED, WOULD RESULT IN OWNERSHIP FOR NORTH AND FERD OF 26%
EACH.

Source text for Eikon:  ID:nObiCzhRYa 
Further company coverage:  NORTH.OL 

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