Brief: Proximar Seafood Cancels Subsequent Repair Offering

Proximar Seafood AS

04/05/2023 15:20

May 4 (Reuters) - Proximar Seafood AS  PROXI.OL :
    * CANCELLATION OF SUBSEQUENT REPAIR OFFERING
    * REFERENCE IS MADE TO STOCK EXCHANGE ANNOUNCEMENT BY
PROXIMAR
SEAFOOD ON 28 APRIL 2023 REGARDING SUCCESSFUL PLACEMENT OF NEW
SHARES IN CO WITH GROSS PROCEEDS OF NOK 73.6 MILLION AND THAT
COMPANY INTENDED TO CARRY OUT SUBSEQUENT OFFERING WITH
NON-TRADEABLE SUBSCRIPTION RIGHTS OF UP TO 3,000,000 NEW SHARES
IN COMPANY, DEPENDING INTER ALIA ON DEVELOPMENT OF PRICE OF
SHARES IN COMPANY AFTER COMPLETION OF PRIVATE PLACEMENT
    * BOARD OF DIRECTORS OF CO HAS RESOLVED TODAY NOT TO PROCEED
WITH
SUBSEQUENT OFFERING
    * FOLLOWING ANNOUNCEMENT OF COMPLETION OF PRIVATE PLACEMENT,
CO'S
SHARES HAVE TRADED AROUND OR BELOW SUBSCRIPTION PRICE IN PRIVATE
PLACEMENT AT MEANINGFUL VOLUMES

Source text for Eikon:  ID:nObicSdLra 
Further company coverage:  PROXI.OL 

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