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Edda Wind AS — Capital/Financing Update 2021
Dec 23, 2021
3585_rns_2021-12-23_3e79df7d-90fd-4de3-b132-5818403467c6.html
Capital/Financing Update
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Edda Wind ASA – Resolution to increase share capital in connection with over-allotment option
Edda Wind ASA – Resolution to increase share capital in connection with over-allotment option
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, 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.
Reference is made to the stock exchange notice of 23 December 2021 at 17:08s by Edda Wind ASA (the “Company”) regarding the end of the stabilisation period and the partial exercise by ABG Sundal Collier ASA, acting as stabilisation manager in connection with the Company’s initial offering of shares (the “Offering”) on behalf of the Managers (as defined below), of the over-allotment option granted by the Company.
In accordance with the above, the Board of Directors of the Company has resolved to increase the Company’s share capital by NOK 271,286.20 by issuance of 2,712,862 new shares, at the subscription price of NOK 30.75 per share, equal to the subscription price in the Offering.
Following the issuance of the new shares and the registration of the share capital increase in the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret), the Company’s share capital will be NOK 6,431,448.80 divided into 64,314,488 shares, each with a nominal value of NOK 0.1.
ABG Sundal Collier ASA and DNB Markets, a part of DNB Bank ASA, are acting jointly as joint global coordinators and joint bookrunners (collectively, the "Joint Global Coordinators") in the Offering. Clarksons Platou Securities AS is acting as joint bookrunner together with the Joint Global Coordinators (collectively, the "Managers"). Advokatfirmaet BAHR AS is acting as legal advisor to the Company. Advokatfirmaet Wiersholm AS is acting as legal advisor to the Managers.
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For further queries, please contact:
Kenneth Walland, CEO Edda Wind
Phone: +47 916 93 418
E-mail: [email protected]
Tom Johan Austrheim, CFO Edda Wind
Phone: +47 982 09 873
E-mail: [email protected]