Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Finans |
Industri | Nischbank |
2019-07-12 15:45:49
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANYOTHER 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. (Oslo, 12 July 2019) Reference is made to the stock exchange release from Pareto Bank ASA ("Pareto Bank" or the "Company") published on 28 June 2019 regarding commencement of the subsequent offering of up to 1,081,081 new shares (the "Offer Shares") in Pareto Bank at a subscription price of NOK 37.00 per share (the "Subsequent Offering"). The subscription period in the Subsequent Offering expired on 12 July 2019 at 12:00 (CET). By the end of the subscription period, Pareto Bank had received valid subscription for 421,232 Offer Shares. Hence, 421,232 Offer Shares will be issued. Notifications of allocated Offer Shares in the Subsequent Offering and the corresponding amount to be paid by each subscriber will be set out in a separate letter to each subscriber to whom Offer Shares have been allotted. The allocation letters are expected to be sent on Monday 15 July 2019. Subject to full payment being received, the Offer Shares under the Subsequent Offering are expected to be issued and delivered to the subscribers' VPS accounts on or about 23 July 2019. The following primary insiders in Pareto Bank have been allotted shares in the Subsequent Offering: - Åsmund Skår, chairperson, is allotted 7,000 shares at a price of NOK 37.00 per share. After this transaction, Skår holds 23,526 shares. - Eyvind Width, board member, indirectly, through his wholly owned company Ewi AS, is alloted 39,092 shares at a price of NOK 37.00 per share. After this transaction, Width owns through Ewi AS 251,065 shares. - Peter D. Knudsen, board member, through his partly owned company Atterdag AS, is alloted 75 shares at a price of NOK 37.00 per share. After this transaction, Atterdag AS owns 1,075 shares. - Per Christian Nicolaisen, deputy board member, indirectly through his wholly owned company Aseko AS, is alloted 2,401 shares at a price of NOK 37.00 per share. After this transaction, Aseko AS owns 34,680 shares. - Erling Mork, CFO, is allotted is allotted 4,366 shares at a price of NOK 37.00 per share. After this transaction, Mork holds 63,094 shares. - Mariann Heggelien, employee representative deputy board member, is allotted 3,225 shares at a price of NOK 37.00 per share. After this transaction, Heggelien holds 46,100 shares. Following registration of the shares in the Subsequent Offering, the total number of issued shares in Pareto Bank will increase to 69,851,730 shares. The Offer Shares may not be transferred or traded before they are fully paid and the share capital increase pertaining to the Subsequent Offering has been registered with the Norwegian Register of Business Enterprises. It is expected that the share capital increase will be registered in the Norwegian Register of Business Enterprises on or about 23 July 2019 and delivered to the subscribers on or about 23 July 2019. For further information, please contact: Tiril Haug Villum Chief Executive Officer, Pareto Bank ASA Tel. + 47 922 56 432 Erling Mork Chief Financial Officer, Pareto Bank ASA Tel. + 47 911 95 970 This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.