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Moreld AS — Share Issue/Capital Change 2025
Jan 22, 2025
9347_rns_2025-01-22_864de418-fec3-4afe-87a7-da65408a1da6.html
Share Issue/Capital Change
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Moreld AS: New share capital registered
Moreld AS: New share capital registered
Stavanger, 22 January 2025: Reference is made to the stock exchange announcement made by Moreld AS ("Moreld" or the "Company") on 20 January 2025 regarding the board of directors' resolution to increase the Company's share capital by the issuance of 3,727,023 new shares at a price of NOK 13.95 per share following Pareto Securities AS' (the "Stabilisation Manager") partial exercise of the greenshoe option granted by the Company in connection with the private placement and admission to trading on Euronext Growth Oslo in December 2024.
The share capital increase in Moreld has now been registered with the Norwegian Register of Business Enterprises:
– Share capital: NOK 17,955,511.90 (new)
– Total number of shares: 179,555,119 (new)
– Par value per share: NOK 0.10
The new shares will be issued to the Stabilisation Manager and redelivered by the Stabilisation Manager to Allard 2 Limited and Sona Credit Master Fund Limited, Sona Capital Solutions II SCSp, and Sona Blue Peak Limited in accordance with the terms of a share lending arrangement. The shares borrowed from Allard 2 Limited (a close associate of Julian Mcintyre, chair of the board of Moreld) will be redelivered after the expiry of the current closed period pursuant to the EU Market Abuse Regulation, expected on 14 February 2025.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Euronext Growth Oslo Rule Book Part II.
For more information, please contact:
CEO Geir Austigard
Telephone: +47 992 47 500
Email: [email protected]
CFO Trond Rosnes
Telephone: +47 404 14 494
Email: [email protected]
About Moreld
Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees and contractors. For more information, please visit https://moreld.com/.