Brief: Alpha Blue Ocean Has Converted MNOK 7,000,000 Of New Convertible Note Facility

Univid ASA

11/07/2018 21:50

July 11 (Reuters) - Element ASA  ELEM.OL :
    * ALPHA BLUE OCEAN HAS CONVERTED MNOK 7,000,000 OF NEW
CONVERTIBLE
NOTE FACILITY AT A CONVERSION PRICE OF NOK 2.8 PER SHARE
    * CO'S SHARE CAPITAL HAS BEEN INCREASED BY NOK 200,000
THROUGH
ISSUANCE OF 2.5 MILLION NEW SHARES, EACH WITH PAR VALUE OF NOK
0.08

Source text for Eikon:  ID:nObi0f5dna 
Further company coverage:  ELEM.OL 

 ((Reuters.Briefs@thomsonreuters.com;))