Brief: ReSeabird Exploration Mulls Private Placement

Sed Energy Holdings

30/06/2021 15:38

June 30 (Reuters) - SeaBird Exploration PLC  SBX.OL :
    * REG-SEABIRD EXPLORATION PLC: CONTEMPLATED PRIVATE
PLACEMENT
    * RETAINED FEARNLEY SECURITIES AS AS BOOKRUNNERS TO ADVISE
ON AND
EFFECT A PRIVATE PLACEMENT OF NEW SHARES, WITH INTENTION TO
RAISE GROSS PROCEEDS OF APPROXIMATELY NOK 30 MILLION
    * PRIVATE PLACEMENT WILL BE DIRECTED TOWARDS NORWEGIAN AND
INTERNATIONAL INVESTORS
    * MINIMUM APPLICATION AND ALLOCATION AMOUNT HAS BEEN SET TO
NOK
EQUIVALENT OF EUR 100,000
    * OFFER PRICE IN PRIVATE PLACEMENT WILL BE DETERMINED BY
BOARD OF
DIRECTORS OF COMPANY FOLLOWING AN ACCELERATED BOOKBUILDING
PROCESS

Source text for Eikon:  ID:nGNE6nr9Kq 
Further company coverage:  SBX.OL 

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