Brief: PGS Announces Successfully Completed Private Placement

PGS ASA

19/09/2023 13:54

Sept 19 (Reuters) - PGS ASA  PGS.OL :
    * SAID ON MONDAY PGS REFERS TO ANNOUNCEMENTS ON 18 SEPTEMBER
2023
REGARDING MERGER WITH TGS AND CONTEMPLATED PRIVATE PLACEMENT OF
45,760,726 NEW ORDINARY SHARES 
    * PGS IS PLEASED TO ANNOUNCE THAT PRIVATE PLACEMENT HAS BEEN
SUCCESSFULLY COMPLETED, RAISING GROSS PROCEEDS OF NOK
439,302,970 (ABOUT USD 40.6 MILLION), THROUGH ALLOCATION OF
45,760,726 OFFER SHARES, EACH AT PRICE PER OFFER SHARE OF NOK
9.60
    * PRIVATE PLACEMENT ATTRACTED STRONG INTEREST FROM EXISTING
AND
NEW NORWEGIAN, NORDIC AND INTERNATIONAL HIGH-QUALITY INVESTORS
AND WAS MULTIPLE TIMES COVERED

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE5XJjnZ
 Further company coverage:  PGS.OL  

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