Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Tjänster |
Industri | Industri |
2019-11-21 13:21:21
Reference is made to the stock exchange announcement by AF Gruppen ASA ("AF Gruppen") on 25 October 2019 regarding the completed private placement of 2,284,409 shares at a subscription price of NOK 175.10 per share (the "Private Placement") and the announcement on 19 November 2019 regarding the general meeting's approval of the subsequent offering of up to 1,925,044 shares (the "Subsequent Offering"). The Norwegian Financial Supervisory Authority has approved a prospectus dated 21 November 2019 (the "Prospectus") for the offering of the shares in the Subsequent Offering (the "New Shares"). The Prospectus will be available on AF Gruppen's website: www.afgruppen.no/reparasjonsemisjon. Hard copies of the Prospectus may be obtained at the offices of AF Gruppen at Innspurten 15, 0663 Oslo, Norway. The Subsequent Offering is directed towards shareholders who (i) were registered as shareholders of AF Gruppen in the VPS as of expiry of 29 October 2019 (the "Record Date"), (ii) were not allocated shares in the Private Placement and (iii) are not resident in a jurisdiction where such an offer would be unlawful or, for jurisdictions other than Norway, would require any prospectus filing, registration or similar action (the "Eligible Shareholders"). For shares recorded as held in AF Gruppen as of expiry of the Record Date, each Eligible Shareholder will receive non-transferable subscription rights, rounded down to the nearest whole Subscription Right. One subscription right will give the right to subscribe for, and be allocated, one New Share, subject to selling and transfer restrictions set out in the Prospectus. Oversubscription will not be permitted, and subscription without subscription rights will not be permitted. Eligible Shareholders are offered to subscribe for New Shares at the subscription price of NOK 175.10 per New Share. The subscription price is equal to the subscription price in the Private Placement. The subscription rights may be used to subscribe for New Shares from 09:00 hours (CET) on 22 November 2019 until 16:30 hours (CET) on 28 November 2019 (the "Subscription Period"). Upon expiry of the Subscription Period, the subscription rights will expire and have no value. Holders of subscription rights should note that subscriptions for New Shares must be made in accordance with the procedures set out in the Prospectus. Subscription for New Shares may be made by duly completing and delivering the subscription form (which is attached to the Prospectus as Appendix A and will be available online at www.afgruppen.no/reparasjonsemisjon) in accordance with the terms and conditions set out in the Prospectus. Norwegian investors with a VPS account may in addition subscribe for New Shares through the VPS online subscription system by following the link which will be available on www.afgruppen.no/reparasjonsemisjon. Allocation of the New Shares is expected to take place on or about 29 November 2019. Notifications of allocated New Shares in the Subsequent Offering and the corresponding amount to be paid by each subscriber will be set out in a letter on or about 2 December 2019. Assuming due payment of the New Shares subscribed for and allocated in the Subsequent Offering, delivery of the New Shares is expected to take place on or about 5 December 2019 For further information, please contact: Executive Vice President / CFO, Sverre Hærem, tel: +47 952 45 167 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Important information: The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan, Hong Kong or the United States (including its territories and possessions, any state of the United States and the District of Columbia) or any other jurisdiction in which the release, publication or distribution would be unlawful. This release is an announcement issued pursuant to legal information obligations, and is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"). AF Gruppen does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into Australia, Canada, Japan, Hong Kong or the United States. The issue, exercise, purchase or sale of subscription rights and the subscription or purchase of shares in AF Gruppen are subject to specific legal or regulatory restrictions in certain jurisdictions. AF Gruppen assumes no responsibility in the event there is a violation by any person of such restrictions. The distribution of this release may in certain jurisdictions be restricted by law. Persons into whose possession this release comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.