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Vow ASA — Director's Dealing 2021
Apr 12, 2021
3785_dirs_2021-04-12_1ba6c5b4-6216-4a6c-a194-9254158fd0ab.html
Director's Dealing
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Vow ASA : Mandatory notification of trade by close associate of primary insiders
Vow ASA : Mandatory notification of trade by close associate of primary insiders
Reference is made to Vow ASA's ("Vow" or the "Company") (OSE: Vow) stock
exchange announcement published on 24 March 2021, regarding mandatory
notifications of trade made by close associates of the Company's primary
insiders in connection with the private placement comprising 5 000 000 new
shares in the Company (the "New Shares") and the sale of 3 000 000 existing
shares from certain existing shareholders (the "Private Placement").
SpareBank 1 Markets AS (on behalf of the managers in the Private Placement) has
redelivered 5 000 000 shares in the Company (the "Borrowed Shares") to Ingerø
Reiten Investment Company AS ("IRIC"), a close associate of the chairman of the
Company's board of directors, Narve Reiten, and board member, Bård Brath Ingerø.
IRIC lent the Borrowed Shares to SpareBank1 Markets AS (on behalf of the
managers in the Private Placement) in order for them to facilitate delivery of
listed shares to the investors who were allocated New Shares in the Private
Placement.
Please refer to the attached notification of trading for further details.
For further information, please contact:
Vow ASA
Erik Magelssen - CFO
Tel: + 47 928 88 728
Email: [email protected]
About Vow ASA
In Vow and our subsidiaries Scanship and Etia we are passionate about preventing
pollution. Our world leading solutions convert biomass and waste into valuable
resources and generate clean and CO2 neutral energy for a wide range of
industries.
Cruise ships on every ocean have Vow technology inside which processes waste and
purifies wastewater. Fish farmers are adopting similar solutions, and public
utilities and industries use our solutions for sludge processing, waste
management and biogas production on land.
Our ambitions go further than this. With our advanced technologies and
solutions, we turn waste into biogenetic fuels to help decarbonize industry and
convert plastic waste into fuel, clean energy and high-value pyro carbon. Our
solutions are scalable, standardized, patented and thoroughly documented, and
our capability to deliver is well proven. They are key to end waste and stop
pollution.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.