Brief: SD Standard Drilling plans equity offering of up to 152.7 mln shares

SD Standard Etc

31/10/2017 07:54

Oct 31 (Reuters) - SD STANDARD DRILLING PLC  SDSD.OL : 
    * SDSD-EQUITY OFFERING NOKM 200 
    * PLANS EQUITY OFFERING OF UP TO 152.7 MILLION NEW SHARES 
DIRECTED TOWARDS ALL SHAREHOLDERS 
    * PRICE PER OFFER SHARE IS NOK 1.31 
    * TRANCHE 1 OF EQUITY OFFERING WILL BE OFFERED TO ALL 
SHAREHOLDERS AND CONSIST OF UP TO 145,432,069 OFFER SHARES 
    * TRANCHE 2 OF EQUITY OFFERING WILL CONSIST OF UP TO 
7,239,687 
OFFER SHARES 
 
Source text for Eikon:  ID:nObiTP8d1a  
Further company coverage:  SDSD.OL  
 
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