Brief: SD Standard Drilling contemplates private placement

SD Standard Etc

05/01/2017 15:31

Jan 5 (Reuters) - SD Standard Drilling PLC  SDSD.OL : 
    * Contemplates private placement for issue of 111,111,200 new shares for gross proceeds of 
about 100 million Norwegian crowns ($11.7 million) 
    * Offer price has been set to 0.90 crowns 
 
     
Source text for Eikon:  ID:nObidx2pNa  
     
Further company coverage:  SDSD.OL  
 
($1 = 8.5156 Norwegian crowns) 
 
 (Gdynia Newsroom) 
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