Brief: Zaptec Mulls Private Placement Of Up To 10 Mln New Shares

Zaptec ASA

21/02/2023 15:32

Feb 21 (Reuters) - Zaptec ASA  ZAP.OL :
    * ZAPTEC ASA: CONTEMPLATED PRIVATE PLACEMENT
    * CONTEMPLATED PRIVATE PLACEMENT OF UP TO APPROXIMATELY 10
MILLION
NEW SHARES
    * SUBSCRIPTION PRICE PER OFFER SHARE IN PRIVATE PLACEMENT
WILL BE
SET BY COMPANY'S BOARD OF DIRECTORS ( "BOARD") ON BASIS OF AN
ACCELERATED BOOKBUILDING PROCESS CONDUCTED BY MANAGER
    * HAS APPOINTED ABG SUNDAL COLLIER ASA AS SOLE BOOKRUNNER
FOR
PRIVATE PLACEMENT
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED FOR
GENERAL
CORPORATE PURPOSES AND TO CONTINUE ZAPTEC'S INTERNATIONAL
EXPANSION
    * APPLICATION PERIOD IN PRIVATE PLACEMENT WILL COMMENCE
TODAY, 21
FEBRUARY 2023, AT 16:30 HOURS CET AND CLOSE ON 22 FEBRUARY 2023
AT 08:00 HOURS CET
    * PRIVATE PLACEMENT WILL BE DIRECTED TOWARDS SELECTED
NORWEGIAN
AND INTERNATIONAL INVESTORS
    * ADVOKATFIRMAET THOMMESEN AS IS ACTING AS LEGAL ADVISOR TO
COMPANY IN CONNECTION WITH PRIVATE PLACEMENT

Source text for Eikon:  ID:nObiVjp3qa 
Further company coverage:  ZAP.OL 
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