Brief: Statt Torsk Contemplates Private Placement

Statt Torsk ASA

28/06/2022 15:42

June 28 (Reuters) - Statt Torsk ASA  STATT.OL :
    * STATT TORSK ASA: CONTEMPLATED PRIVATE PLACEMENT
    * SUBSCRIPTION PRICE PER OFFER SHARE IN PRIVATE PLACEMENT
WILL BE
NOK 2.0 PER SHARE
    * HAS RETAINED SPAREBANK 1 MARKETS AS AS LEAD MANAGER AND
SOLE
BOOKRUNNER, AND DANSKE BANK, NORWEGIAN BRANCH AS CO-LEAD MANAGER
TO ADVISE ON AND EFFECT A CONTEMPLATED PRIVATE PLACEMENT OF NEW
ORDINARY SHARES IN COMPANY TO RAISE GROSS PROCEEDS OF
APPROXIMATELY NOK 26.7 - 50 MILLION
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TO
FINANCE
BUILD-UP OF BIOMASS TO FACILITATE YEAR-ROUND DELIVERY OF FARMED
COD FROM H2 2022 AND FOR GENERAL CORPORATE PURPOSES
    * OUTSTANDING PRINCIPAL AMOUNT UNDER CREDIT FACILITY WILL BE
APPROX. NOK 4.0 MILLION AFTER PRIVATE PLACEMENT

Source text for Eikon:  ID:nObi8kkdha 
Further company coverage:  STATT.OL 

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