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HELG — Sparebank 1 Helgeland News Story

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Brief: Helgeland Sparebank: Successful placement of new shares, repair issue proposal

Oct 25 (Reuters) - Helgeland Sparebank  HELG.OL : 
    * Successful placement of directed new share issue  
    * To issue 1.9 million new equity certificates at subscription price 70 Norwegian crowns 
($8.48) per equity certificate 
    * Gross proceeds of about 130 million crowns are expected 
    * Proposes repair issue of up to 314,285 equity certificates at subscription price 70 crowns 
per equity certificate 
    * Expects to raise about 22 million crowns in repair issue proceeds 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nObirgGgBa 
     
 Further company coverage:  HELG.OL   
    
 
 
 
($1 = 8.2542 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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