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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.

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Aqualis announces contemplated private placement

Tuesday, 17 Jun 2014 08:33am EDT 

Aqualis ASA:Says it is to carry out undocumented private placement of new shares directed towards Norwegian and international investors after close of Oslo Stock Exchange on June 17.Says it is offering up to 20 million new shares, representing about 13.3 pct of its outstanding capital.Price in private placement will be determined through accelerated bookbuilding process.Companies affiliated with Glen Rodland (chairman) and Oystein Stray Spetalen (board member) will subscribe for minimum 5 million new shares.Bookbuilding period for private placement opens on June 17 at 16:30 CET and closes on June 18 at 08:00 CET. 

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0.2 +2.11%
8:48am EDT