Brief: Seabird Exploration: North Energy raises its stake in Seabird to 7.57 pct

North Energy ASA

02/10/2017 11:46

Oct 2 (Reuters) - SEABIRD EXPLORATION PLC  SBX.OL  
    * DISCLOSURE OF LARGE SHAREHOLDING - SEABIRD EXPLORATION PLC 
    * NORTH ENERGY ASA HAS, THROUGH ITS SUBSIDIARY NORTH ENERGY 
CAPITAL AS BEEN ALLOCATED 80,000,000 SHARES AT A SUBSCRIPTION 
PRICE OF NOK 0.1 IN PRIVATE PLACEMENT 
    * AFTER COMPLETION OF PRIVATE PLACEMENT, AND BEFORE 
COMPLETION OF ANY SUBSEQUENT REPAIR OFFERING, NORTH ENERGY 
CAPITAL WILL OWN 7.57% OF OUTSTANDING SHARES IN COMPANY 
 
Source text for Eikon:  ID:nObi0DQhKa  
Further company coverage:  SBX.OL  
 
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