Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Energi & Miljö |
Industri | Energikällor |
2022-01-12 18:05:00
SANDNES, Norway - 12 January 2022 - Reference is made to the release of the date
hereof in respect of a certain development agreement with E.ON.
The agreement reached with E.ON includes an investment agreement, pursuant to
which E.ON has undertaken, subject to the conditions described below, to
subscribe 5,706,495 new shares in the Company, at a subscription price per share
of NOK 65, with a total investment amount of NOK 370,922,175 (the "Private
Placement"). Following completion of the Private Placement, E.ON will obtain an
ownership stake of 25 % on a fully diluted basis, taking into account the
subsequent offering described below and an outstanding option pool of up to 500,
000 shares (issued and reserved). The subscription price represents a premium on
the volume weighted average price of the Horisont shares on Euronext Growth the
last 40 and 20 trading days respectively prior to the date hereof of 9.2% and
5.7 %.
In light of the substantial ownership stake, E.ON has set as a condition for it
investment through the Private Placement that the Company's articles of
association are amended so that (i) E.ON, always provided it owns shares
representing 12 % or more of the outstanding shares, is given the right to
appoint one member of the board of directors