Brief: Salmon Evolution: Contemplated Private Placement

Salmon Evolution ASA

18/04/2023 15:33

April 18 (Reuters) - Salmon Evolution ASA  SALME.OL :
    * SALMON EVOLUTION ASA: CONTEMPLATED PRIVATE PLACEMENT
    * NET PROCEEDS FROM PRIVATE PLACEMENT ARE INTENDED TO BE
USED: (I)
TO FUND CURRENTLY ESTIMATED EQUITY PORTION OF PHASE 2 OF SALMON
FARMING FACILITY AT INDRE HARØY
    * NET PROCEEDS FROM PRIVATE PLACEMENT ARE INTENDED TO BE
USED: FOR
GENERAL CORPORATE PURPOSES
    * CONTEMPLATED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN
COMPANY, RAISING GROSS PROCEEDS OF ABOUT NOK 500 MILLION
    * PRIVATE PLACEMENT WILL BE DIRECTED TOWARDS SELECTED
NORWEGIAN
AND INTERNATIONAL INVESTORS
    * PRICE PER OFFER SHARE IN PRIVATE PLACEMENT WILL BE SET BY
COMPANY'S BOARD OF DIRECTORS ON BASIS OF AN ACCELERATED
BOOK-BUILDING PROCESS CONDUCTED BY MANAGERS

Source text for Eikon:  ID:nWkr907Ctb 
Further company coverage:  SALME.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))