Share Issue/Capital Change • Jan 29, 2025
Share Issue/Capital Change
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Arribatec Group ASA: Preliminary results of the rights issue
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT
Oslo, 29 January 2025
Reference is made to the previous stock exchange announcements from Arribatec Group ASA (the “Company”) regarding the offer of up to 350 million new shares (“Offer Shares”) in a rights issue, raising gross proceeds of NOK 35 million (the “Rights Issue”).
The subscription period for the Rights Issue (the “Subscription Period”) expired on 29 January 2025 at 16:30 hours (CET).
Preliminary results indicate that the Company has received subscriptions for approximately 897 million shares. Maximum 350 million shares will be issued in the Rights Issue.
The final allocation of the Offer Shares will take place on or about 30 January in accordance with the allocation criteria set out in the Company's prospectus dated 13 January 2025 (the "Prospectus").
The due date for the payment of the Offer Shares is 3 February 2025.
ADVISORS
Arctic Securities AS act as manager in the Rights Issue.
Ro Sommernes advokatfirma DA is acting as legal advisor to the Company.
For further information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451
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