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SHA - poLight ASA: Last day of the subscription period in the subsequent offering

Company: Polight ASA Date: 2025-06-27 Language: English Register to download
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 poLight ASA: Last day of the subscription period in the subsequent offering

# poLight ASA: Last day of the subscription period in the subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR  

INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, THE UNITED STATES 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.  

  

Tønsberg, 27 June 2025  

  

Reference is made to the stock exchange announcement by poLight ASA ("poLight"  

or the "Company") on 19 June 2025 regarding the commencement of the subsequent  

offering of up to 19,122,933 new shares (the "Offer Shares") in the Company  

(the "Subsequent Offering").  

  

The subscription period for the Subsequent Offering (the "Subscription  

Period") will expire today, 27 June 2025, at 16:30 hours CEST.  

  

Correctly completed subscriptions forms must be received by the manager for  

the Subsequent Offering, Pareto Securities AS, (the "Manager") before the  

expiry of the Subscription Period.  

  

Subscription rights that are not used to subscribe for Offer Shares before the  

expiry of the Subscription Period will have no value and will lapse without  

compensation to the holder.  

  

For further information about the Subsequent Offering and the subscription  

procedures, please see the prospectus dated 17 June 2025, along with the  

subscription form available at the Manager's website at  

www.paretosec.com/transactions.  

  

This information is subject to disclosure under the Norwegian Securities  

Trading Act, §5-12. The information was submitted for publication at  

2025-06-27 08:00 CEST.  

  

For further information, please contact:  

Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98  

Joakim Hines Bredahl, CFO, poLight ASA: +47 97 52 17 31  

  

About poLight ASA  

poLight ASA (listed on the Oslo Stock Exchange: PLT) offers a patented,  

proprietary tunable optics technology, starting with its first product, TLens®  

which replicates "the human eye" experience in autofocus cameras used in  

devices such as smartphones, wearables, barcode scanners, machine vision  

systems and various medical equipment. poLight's TLens® enables better system  

performance and new user experiences due to benefits such as extremely fast  

focus, small footprint, no magnetic interference, low power consumption and  

constant field of view. poLight is based in Tønsberg, Norway, with employees  

in Finland, France, UK, US, China, Taiwan, Japan, and the Philippines. For  

more information, please visit https://www.polight.com  

(https://www.polight.com/)  

  

\- IMPORTANT INFORMATION -  

The information contained in this announcement is for background purposes only  

and does not purport to be full or complete. No reliance may be placed for any  

purpose on the information contained in this announcement or its accuracy,  

fairness or completeness. Neither the Manager, nor or any of its affiliates or  

any of their respective directors, officers, employees, advisors or agents  

accepts any responsibility or liability whatsoever for, or makes any  

representation or warranty, express or implied, as to the truth, accuracy or  

completeness of the information in this announcement (or whether any  

information has been omitted from the announcement) or any other information  

relating to the Company, its subsidiaries or associated companies, whether  

written, oral or in a visual or electronic form, and howsoever transmitted or  

made available, or for any loss howsoever arising from any use of this  

announcement or its contents or otherwise arising in connection therewith.  

This announcement has been prepared by and is the sole responsibility of  

poLight.  

  

Neither this announcement nor the information contained herein is for  

publication, distribution or release, in whole or in part, directly or  

indirectly, in or into or from Australia, Canada, Japan, Hong Kong, South  

Africa or the United States (including its territories and possessions, any  

State of the United States and the District of Columbia) or any other  

jurisdiction where to do so would constitute a violation of the relevant laws  

of such jurisdiction. The publication, distribution or release of this  

announcement may be restricted by law in certain jurisdictions and persons  

into whose possession any document or other information referred to herein  

should inform themselves about and observe any such restriction. Any failure  

to comply with these restrictions may constitute a violation of the securities  

laws of any such jurisdiction.  

  

This announcement is not an offer for sale of securities in the United States.  

The securities referred to in this announcement have not been and will not be  

registered under the U.S. Securities Act, and may not be offered or sold in  

the United States absent registration with the U.S. Securities and Exchange  

Commission or an exemption from, or in a transaction not subject to, the  

registration requirements of the U.S. Securities Act and in accordance with  

applicable U.S. state securities laws. The Company does not intend to register  

any securities referred to herein in the United States or to conduct a public  

offering of securities in the United States.  

  

This announcement is an advertisement and is not a prospectus for the purposes  

of Regulation (EU) 2017/1129 of the European Parliament and of the Council of  

14 June 2017 (the "EU Prospectus Regulation") (together with any applicable  

implementing measures in any Member State).  

  

Any offering of the securities referred to in this announcement will be made  

by means of a Prospectus which will be prepared and which is subject to the  

approval by the Norwegian Financial Supervisory Authority. Investors in the  

Subsequent Offering should not subscribe for any securities referred to in  

this announcement except on the basis of information contained in the  

Prospectus. Copies of the Prospectus will, following publication, be available  

from the Company's registered office and, subject to certain exceptions, on  

the websites of the Manager.  

  

In any EEA Member State other than Norway and Denmark, this communication is  

only addressed to and is only directed at qualified investors in that Member  

State within the meaning of the EU Prospectus Regulation, i.e. only to  

investors who can receive the offer without an approved prospectus in such EEA  

Member State.  

This communication is only being distributed to and is only directed at  

persons in the United Kingdom that are "qualified investors" within the  

meaning of the EU Prospectus Regulation as it forms part of English law by  

virtue of the European Union (Withdrawal) Act 2018 and that are (i) investment  

professionals falling within Article 19(5) of the Financial Services and  

Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or  

(ii) high net worth entities, and other persons to whom this announcement may  

lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order  

(all such persons together being referred to as "relevant persons"). This  

communication must not be acted on or relied on by persons who are not  

relevant persons. Any investment or investment activity to which this  

communication relates is available only to relevant persons and will be  

engaged in only with relevant persons. Persons distributing this communication  

must satisfy themselves that it is lawful to do so.  

  

This announcement is made by, and is the responsibility of, the Company. The  

Manager and its affiliates are acting exclusively for the Company and no-one  

else in connection with the transactions described in this announcement. They  

will not regard any other person as their respective clients in relation to  

the transactions described in this announcement and will not be responsible to  

anyone other than the Company, for providing the protections afforded to their  

respective clients, nor for providing advice in relation to the transactions  

described in this announcement, the contents of this announcement or any  

transaction, arrangement or other matter referred to herein.  

  

In connection with the transactions described in this announcement, the  

Manager and any of its affiliates, acting as investors for their own accounts,  

may subscribe for or purchase securities and in that capacity may retain,  

purchase, sell, offer to sell or otherwise deal for their own accounts in such  

securities of the Company or related investments in connection with the  

transactions described in this announcement or otherwise. Accordingly,  

references in the Prospectus to the securities being issued, offered,  

subscribed, acquired, placed or otherwise dealt in should be read as including  

any issue or offer to, or subscription, acquisition, placing or dealing by,  

the Manager and any of its affiliates acting as investors for their own  

accounts. The Manager does not intend to disclose the extent of any such  

investment or transactions otherwise than in accordance with any legal or  

regulatory obligations to do so.  

  

Matters discussed in this announcement may constitute forward-looking  

statements. Forward-looking statements are statements that are not historical  

facts and may be identified by words such as "believe", "aim", "expect",  

"anticipate", "intend", "estimate", "will", "may", "continue", "should" and  

similar expressions. The forward-looking statements in this release are based  

upon various assumptions, many of which are based, in turn, upon further  

assumptions. Although the Company believes that these assumptions were  

reasonable when made, these assumptions are inherently subject to significant  

known and unknown risks, uncertainties, contingencies, and other important  

factors which are difficult or impossible to predict and are beyond its  

control. Such risks, uncertainties, contingencies, and other important factors  

could cause actual events to differ materially from the expectations expressed  

or implied in this release by such forward-looking statements. Forward-looking  

statements speak only as of the date they are made and cannot be relied upon  

as a guide to future performance. The Company, the Manager and their  

respective affiliates expressly disclaims any obligation or undertaking to  

update, review or revise any forward-looking statement contained in this  

announcement whether as a result of new information, future developments or  

otherwise. The information, opinions and forward-looking statements contained  

in this announcement speak only as at its date and are subject to change  

without notice.