Beskrivning
| Land | USA |
|---|---|
| Lista | OB Match |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
2024-10-06 22:34:25
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE
PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
Reference is made to previous stock exchange announcements from Atlantic
Sapphire ASA ("Atlantic Sapphire" or the "Company", and together with its
consolidated subsidiaries, the "Group") regarding the Company's partially
underwritten rights issue of minimum 5,267,773,852 new shares and maximum
6,844,800,000 new shares (the "Offer Shares") with preferential subscription
rights for existing shareholders, to raise gross proceeds of up to the
NOK-equivalent of USD 64 million (the "Rights Issue"), of which an underwriting
consortium has agreed to underwrite subscription of new shares for gross
proceeds of the NOK-equivalent to USD 60 million. In addition, the Company shall
issue up to 7,700,400,000 warrants to subscribers in the Rights Issue, the
Underwriters (as defined below), and lenders in the Convertible Loan (as defined
below) (the "Warrants"). Further, the Company shall raise a convertible loan
with a principal amount of minimum NOK 213,900,000 and maximum NOK 328,822,625
(the "Convertible Loan"). Subsequent exercise of Warrants will increase the
gross proceeds to the Company.
Reference is also made to the Company's stock exchange announcement on 5 October
2024 regarding preliminary results of the Rights Issue.
The subscription period for the Rights Issue expired on 4 October 2024, at 16.30
hours (CEST). The Company's Board of Directors has now resolved allocation of
the Offer Shares, the Warrants and loan amounts in the Convertible Loan, in
accordance with the allocation criteria set out in the resolutions by the
extraordinary general meeting of the Company dated 17 September 2024 and the
prospectus prepared by the Company, dated 19 September 2024.
The allocation by the Board of Directors shows that Offer Shares, Warrants and
loan amounts under the Convertible Loan has been allocated as set out below:
Allocation of Offer Shares:
The final allocation shows that:
o 5,011,335,054 Offer Shares shall be allocated based on valid subscriptions
received during the subscription period