Beskrivning
| Land | USA |
|---|---|
| Lista | OB Match |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
2024-09-30 07:00:00
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 a partially underwritten
rights issue of up to 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 will 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
resolved to be issued by the Company, as further described below (the
"Warrants"). Subsequent exercise of Warrants will increase the gross proceeds to
the Company.
The trading period in the subscription rights in the Rights Issue (the
"Subscription Rights", and with ticker "ASAT") expires at close of trading
today, 30 September 2024 at 16.30 (CEST).
The subscription period for the Rights Issue (the "Subscription Period") expires
at 16:30 (CEST) on 4 October 2024.
Subscription Rights that are not used to subscribe for Offer Shares before the
expiry of the Subscription Period, or that are not sold before close of trading
today, 30 September 2024 at 16:30 hours CEST, will have no value and will lapse
without compensation to the holder.
For more information, and the complete terms and conditions of the Rights Issue,
please refer to the prospectus dated 19 September 2024 (the "Prospectus"). The
Prospectus is, subject to applicable local securities laws, available at the
websites of