Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Fastigheter |
| Industri | Projektering |
2023-10-02 21:18:27
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN,
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange announcements published by Black Sea
Property AS (the "Company", and together with its consolidated subsidiaries, the
"Group") on 26 September 2023 regarding a contemplated conditional private
placement (the "Private Placement") consisting of up to 26,000,000 new shares
(the "Offer Shares") at a fixed subscription price of NOK 0.25 (the "Offer
Price"), thereby raising gross proceeds of up to NOK 6.5 million, and on 29
September 2023 regarding the extension of the application period for the Private
Placement until 2 October at 16.30 CEST.
Following the expiry of the subscription period, the Company is pleased to
announce that it has raised NOK 5,822,237 in gross proceeds through the
allocation of 23,288,948 Offer Shares.
The net proceeds from the Private Placement will be utilized towards a mandatory
payment of incurred interest under EPO Aheloy's credit facility with Penchev
Consult, due in November 2023. Together with the Company's available liquidity,
the amount raised in the Private Placement will be sufficient to fund the
Company's portion of the interest payment to Penchev Consult.
Completion of the Private Placement is subject to the satisfaction of the
following conditions