Brief: Pryme Completes Private Placement At 14% Premium

Pryme NV

26/03/2024 07:25

March 26 (Reuters) - Pryme NV  PRYME.OL :
    * SAID ON MONDAY IT COMPLETED PRIVATE PLACEMENT OF NEW
SHARES AT
PREMIUM OF 14% OVER CLOSING PRICE ON MARCH 25
    * COMPLETED PLACEMENT AT NOK 11.00 PER SHARE
    * RAISES GROSS PROCEEDS OF EUR 12 MILLION (ABOUT NOK 139.4
MILLION)
    * NET PROCEEDS WILL BE USED FOR RAMPING UP AND OPTIMIZATION
OF THE
CO'S FIRST PLANT, DEFINING AND EXECUTING OF CO'S GROWTH STRATEGY
INCLUDING DEVELOPMENT AND PERMITTING OF THE COMPANY'S FUTURE
PLANT SITES AND FOR WORKING CAPITAL
    * CIRCULAR PLASTICS COÖPERATIEF U.A., REPRESENTED ON BOD OF
CO,
HAS BEEN ALLOCATED 996,078 OFFER SHARES CORRESPONDING TO
INVESTMENT OF EUR 0.9 MILLION IN PLACEMENT

        
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