00:51:00 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Beskrivning

LandNorge
ListaOBX
SektorInformationsteknik
IndustriKommunikation
Nordic Semiconductor är en tillverkare av elektronikkomponenter. Bolaget utvecklar integrerade lösningar för ULP (Ultra-Low Power), en teknik som används vid trådlös kortdistanskommunikation. Bolagets produkter används som komponenter i elektronikprodukter, vanligtvis som kringutrustning i datorer, spelkontroller samt fjärrkontroller. Nordic Semiconductor etablerades 1983 och har sitt huvudkontor i Oslo.

Kalender

2022-02-03 Bokslutskommuniké 2021
2021-10-21 Kvartalsrapport 2021-Q3
2021-07-13 Kvartalsrapport 2021-Q2
2021-04-21 Ordinarie utdelning NOD 0.00 NOK
2021-04-20 Årsstämma 2021
2021-04-20 Kvartalsrapport 2021-Q1
2021-02-04 Bokslutskommuniké 2020
2020-10-20 Kvartalsrapport 2020-Q3
2020-07-13 Kvartalsrapport 2020-Q2
2020-04-22 Ordinarie utdelning NOD 0.00 NOK
2020-04-21 Årsstämma 2020
2020-04-21 Kvartalsrapport 2020-Q1
2020-02-07 Bokslutskommuniké 2019
2019-10-22 Kvartalsrapport 2019-Q3
2019-07-11 Kvartalsrapport 2019-Q2
2019-04-25 Ordinarie utdelning NOD 0.00 NOK
2019-04-24 Årsstämma 2019
2019-04-24 Kvartalsrapport 2019-Q1
2019-02-05 Bokslutskommuniké 2018
2018-12-14 Extra Bolagsstämma 2018
2018-10-17 Kvartalsrapport 2018-Q3
2018-07-12 Kvartalsrapport 2018-Q2
2018-04-18 Ordinarie utdelning NOD 0.00 NOK
2018-04-17 Kvartalsrapport 2018-Q1
2018-04-17 Årsstämma 2018
2018-02-15 Bokslutskommuniké 2017
2017-10-17 Kvartalsrapport 2017-Q3
2017-07-13 Kvartalsrapport 2017-Q2
2017-04-25 Ordinarie utdelning NOD 0.00 NOK
2017-04-24 Kvartalsrapport 2017-Q1
2017-04-24 Årsstämma 2017
2017-02-10 Bokslutskommuniké 2016
2016-10-18 Kvartalsrapport 2016-Q3
2016-07-13 Kvartalsrapport 2016-Q2
2016-04-20 Ordinarie utdelning NOD 0.00 NOK
2016-04-19 Kvartalsrapport 2016-Q1
2016-04-19 Årsstämma 2016
2016-02-12 Bokslutskommuniké 2015
2016-01-20 Kapitalmarknadsdag 2016
2015-12-08 Extra Bolagsstämma 2015
2015-10-16 Kvartalsrapport 2015-Q3
2015-07-13 Kvartalsrapport 2015-Q2
2015-04-20 Ordinarie utdelning NOD 0.00 NOK
2015-04-17 Kvartalsrapport 2015-Q1
2015-04-17 Årsstämma 2015
2015-02-10 Bokslutskommuniké 2014
2014-10-16 Kvartalsrapport 2014-Q3
2014-09-15 Kapitalmarknadsdag 2014
2014-07-11 Kvartalsrapport 2014-Q2
2014-04-11 Ordinarie utdelning
2014-04-10 Årsstämma 2014
2014-04-10 Kvartalsrapport 2014-Q1
2014-02-11 Bokslutskommuniké 2013
2013-02-12 Bokslutskommuniké 2012
2012-10-18 Kvartalsrapport 2012-Q3
2012-07-13 Kvartalsrapport 2012-Q2
2012-04-26 Kvartalsrapport 2012-Q1
2012-04-26 Årsstämma 2012
2012-02-16 Extra Bolagsstämma 2012
2012-02-09 Bokslutskommuniké 2011
2011-10-20 Kvartalsrapport 2011-Q3
2011-07-13 Kvartalsrapport 2011-Q2
2011-06-16 Årsstämma 2011
2011-04-14 Kvartalsrapport 2011-Q1
2011-02-10 Bokslutskommuniké 2010
2010-10-26 Kvartalsrapport 2010-Q3
2010-07-16 Kvartalsrapport 2010-Q2
2010-06-09 Årsstämma 2010
2010-04-28 Kvartalsrapport 2010-Q1
2010-02-10 Bokslutskommuniké 2009
2020-09-08 23:56:25
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

(Oslo, Norway - 8 September 2020) Reference is made to the stock exchange
announcement by Nordic Semiconductor ASA ("NOD" or the "Company") earlier today
regarding a contemplated private placement to raise gross proceeds of the NOK
equivalent of approximately USD 125 million by issuing new shares in the Company
(the "New Shares") (the "Offering").

The Company is pleased to announce that the Offering has been successfully
placed, raising approximately NOK 1,144 million in gross proceeds through the
allocation of in total 13,000,000 New Shares in the Company at a price of NOK 88
per New Share. The Offering took place through an accelerated bookbuilding
process managed by Morgan Stanley & Co. International plc, ABG Sundal Collier
ASA and DNB Markets, a part of DNB Bank ASA, (jointly, the "Managers") as joint
bookrunners after close of market today, on 8 September 2020. The Offering
attracted very strong interest from high-quality institutional investors
globally and the book was multiple times oversubscribed.

Completion of the Offering and the issuance of the New Shares were resolved by
the Company's Board of Directors (the "Board") at a Board meeting held earlier
today. The New Shares are issued pursuant to an authorization held by the Board
to increase the share capital, granted by the Company's annual general meeting
on 21 April 2020.

The net proceeds from the issuance of the New Shares in the Offering will be
employed to support the Company’s continued growth trajectory, including working
capital requirements and supply chain enhancements, ramp-up new Tier 1
customers, strengthen the balance sheet, continue investments to expand product
portfolio for existing and future growth opportunities as well as to pursue
potential bolt-on M&A opportunities.

“We are executing on our plan to grow Nordic to a billion USD in revenues and
beyond, and have experienced accelerated customer momentum so far in 2020. This
share issue secures our financial ability to deliver on our aspiration”, says
CEO Svenn-Tore Larsen in Nordic Semiconductor.

The Company's share capital following the Offering will be NOK 1,927,816 divided
into 192,781,600 shares, each with a nominal value of NOK 0.01.

The New Shares will be settled by the Managers through a delivery versus payment
transaction on a regular T+2 basis, enabled through a prefunding arrangement
between the Company and the Managers. The New Shares delivered to the investors
will thus be tradable from the registration of the capital increase with the
Norwegian Register of Business Enterprises, expected on or about 10 September
2020. Notifications of allocation are expected to be sent by the Managers on or
about 9 September 2020.

Completion of the Offering implies a deviation from the equal treatment
obligations under the Norwegian Securities Trading Act, the Continuing
obligations of companies admitted to trading on the Oslo Stock Exchange and Oslo
Børs' Circular no. 2/2014. The Board is of the opinion that the Offering is in
compliance with these requirements. By structuring the transaction as a private
placement, the Company was able to raise capital in an efficient manner, with a
lower discount to the current trading price and with significantly lower
completion risks compared to a rights issue. The number of New Shares to be
issued in connection with the contemplated Offering implies a limited dilution
of existing shareholders. On this basis and based on an assessment of the
current equity markets, the Board has considered the Offering to be in the
common interest of the Company and its shareholders. As a consequence of the
private placement structure, the shareholders' preferential rights to subscribe
for the New Shares were deviated from. The Company will not conduct a subsequent
repair offering.

Advokatfirmaet CLP DA is acting as legal advisor to the Company in connection
with the Offering and Advokatfirmaet Thommessen AS is acting as the Norwegian
legal advisor to the Managers.

For further information, please contact:

Pål Elstad, CFO
Nordic Semiconductor ASA 
Phone: +47 991 66 293 
Email: pal.elstad@nordicsemi.no

Ståle Ytterdal, Director IR & Strategic Sales
Nordic Semiconductor ASA
Phone: +47 930 37 430
Email: steel.ytterdal@nordicsemi.no

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 or the United States. This
release is an announcement issued pursuant to legal information obligations and
is subject to 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"). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act. The
Company 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 or the United
States. 

The issue, subscription or purchase of shares in the Company is subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Managers assume any 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. 

The Managers are acting for the Company and no one else in connection with the
Private Placement and will not be responsible to anyone other than the Company
for providing the protections afforded to their respective clients or for
providing advice in relation to the Private Placement and/or any other matter
referred to in this release. 

Forward-looking statements: 
This release and any materials distributed in connection with this release may
contain certain forward-looking statements. By their nature, forward-looking
statements involve risk and uncertainty because they reflect the Company's
current expectations and assumptions as to future events and circumstances that
may not prove accurate. A number of material factors could cause actual results
and developments to differ materially from those expressed or implied by these
forward-looking statements.