Edition:
United Kingdom

Hunter Group Resolves Total Proceeds Of NOK 520 Million In Private Placement


Friday, 18 May 2018 

May 18 (Reuters) - HUNTER GROUP ASA ::OFFER PRICE IN THE CONDITIONAL PRIVATE PLACEMENT AND INTENTION OF SUBSEQUENT REPAIR OFFERING.RESOLVED OFFER PRICE TO NOK 3.20 PER OFFER SHARE, WITH ISSUANCE OF 162,500,000 NEW SHARES.OFFER SHARES WILL NOT ENTITLE PIK DIVIDEND OF SHARES IN DWELLOP AS..RESOLVED TOTAL GROSS PROCEEDS OF NOK 520 MILLION.INTENDS FOR COMPANY TO CARRY OUT A SUBSEQUENT REPAIR OFFERING OF NEW SHARES.NUMBER OF OFFER SHARES UNDER SUBSEQUENT REPAIR OFFERING WILL BE NOT MORE THAN 16 250 000 SHARES..SUBSCRIPTION PRICE IN REPAIR OFFERING WILL BE SAME AS IN PRIVATE PLACEMENT, I.E. NOK 3.20 PER SHARE. 

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