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Arribatec Group ASA — Capital/Financing Update 2018
Mar 23, 2018
3541_rns_2018-03-23_2b8294e4-1aea-45d3-832b-f8ba2a8a1dfe.html
Capital/Financing Update
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APPROVED PROSPECTUS
APPROVED PROSPECTUS
This announcement is not for release, publication or distribution (directly or
indirectly) in or to the United States, Canada, Australia or Japan. It is not an
offer of securities for sale in or into the United States, Canada, Australia,
the Hong Kong Special Administrative Region of the People's Republic of China,
South Africa or Japan.
Reference is made to the stock exchange announcement made by Hiddn Solutions ASA
(the "Company") on 16 November 2017 regarding issuance of new shares in the
Company in connection with a private placement of NOK 15 million (the "Private
Placement"). Further reference is made to the Company's stock exchange
announcements on 18 March 2018 regarding a NOK 30-39 million rights issue (the
"Rights Issue").
The Financial Supervisory Authority of Norway has today, 23 March 2018, approved
a prospectus (the "Prospectus") in connection with (i) listing on Oslo Børs of
1,615,418 of the shares issued in the Private Placement (the "Private Placement
Shares"), temporarily placed under an ISIN (international securities
identification number) separate from the Company's other shares pending approval
and publication of this Prospectus and (ii) offering and listing of up to
22,379,825 new shares in the Company in connection with the Rights Issue (the
"Offer Shares").
The Prospectus will be made public on 26 March 2018, after which the Private
Placement Shares will assume the regular ISIN of the Company's shares and become
tradable on Oslo Børs.
A stock exchange notice with further information on the Rights Issue will be
published prior to commencement of the subscription period on 26 March 2018.
The Prospectus will be made available at www.hiddnsolutions.com and
www.dnb.no/emisjoner and will also be available free of charge at the business
office of the Company and the manager DNB Markets, a part of DNB Bank ASA.
For further information, please contact:
Carl Espen Wollebekk, CEO
Mobile: +47 930 55 505
E-mail: [email protected]
***
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
This announcement is not and does not form a part of any offer for sale of any
securities, and is not for release, publication or distribution, directly or
indirectly, in the United States, or any other jurisdiction in which such
distribution would be unlawful or would require registration or other measures.
Securities may not be sold in the United States absent registration with the
United States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. Hiddn Solutions
ASA does not intend to register its securities in the United States. The
distribution of this announcement into jurisdictions other than Norway may be
restricted by law. Persons into whose possession this announcement 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. This announcement has not been approved by any regulatory
authority.