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Bergen Group ASA (BERGEN.OL)

BERGEN.OL on Oslo Stock Exchange

2.65NOK
6:23am EDT
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Latest Key Developments (Source: Significant Developments)

Group management increases ownership in Bergen Group
4:01am EDT 

May 22 (Reuters) - BERGEN GROUP ASA :GROUP MANAGEMENT INCREASES OWNERSHIP IN BERGEN GROUP ASA.BOARD OF DIRECTORS OF BERGEN GROUP ASA HAS IN A BOARD MEETING HELD ON 22 MAY 2017 RESOLVED UPON A PRIVATE PLACEMENT, WHICH STRENGTHENS COMPANY'S SHARE CAPITAL WITH NOK 2 MILLION.PRIVATE PLACEMENT WILL BE OF TOTAL OF 2,000,000 SHARES.BERGEN GROUP - PRIVATE PLACEMENT IS CONDUCTED ON OPTIONS GRANTED TO EAGLE AS AND EIKELAND HOLDING AS DUE TO THEIR ASSISTING IN REFINANCING AND RESTRUCTURING PROCESS OF BERGEN GROUP ASA.SUBSCRIPTION PRICE OF NOK 1 PER SHARE CORRESPONDING TO NOMINAL VALUE OF SHARES.  Full Article

Bergen Group Q1 EBITDA up at NOK 5 million
Friday, 12 May 2017 01:53am EDT 

May 12 (Reuters) - BERGEN GROUP ASA :BERGEN GROUP ASA INCREASE REVENUE AND PROFIT IN Q1 2017.Q1 REVENUE NOK 72 MILLION VERSUS NOK 53 MILLION YEAR AGO.Q1 EBITDA NOK 5 MILLION VERSUS NOK 2 MILLION YEAR AGO.END-Q1 ORDER BACKLOG NOK 152 MILLION VERSUS NOK 186 MILLION YEAR AGO.  Full Article

Bergen Group: subsequent offering oversubscribed by 464 pct
Tuesday, 4 Apr 2017 06:50am EDT 

BERGEN GROUP ASA : SAID ON MONDAY, FINAL RESULT OF SUBSEQUENT OFFERING SHOWS THAT TOTAL OF 24.8 MILLION OFFER SHARES WERE SUBSCRIBED FOR .TOTAL AMOUNT OF 4.4 MILLION OFFER SHARES WERE ALLOCATED IN SUBSEQUENT OFFERING AND AS SUCH SUBSEQUENT OFFERING WAS OVER-SUBSCRIBED BY 464 PERCENT.  Full Article

Bergen extends contracts with the Defense
Friday, 24 Mar 2017 02:59am EDT 

Bergen Group ASA : One-year extension of framework agreements with Norwegian Defence Logistics Organisation is an option related to original contrast signed in March 2014. . Total value of contract extension is estimated to be 15 million Norwegian crowns-20 million Norwegian crowns ($1.8 million-$2.4 million) .Option year is valid until March 2018.  Full Article

Bergen Group: CEO and CFO appointed in
Wednesday, 8 Mar 2017 02:47am EST 

Bergen Group ASA :CEO Hans Petter Eikeland and CFO Nils Hoff appointed in.  Full Article

Bergen Group Q4 EBIT loss narrows to NOK 3.6 million
Tuesday, 7 Feb 2017 02:09am EST 

Bergen Group ASA : Q4 operating revenue 64.9 million Norwegian crowns ($8 million) versus 47.8 million crowns year ago . End-Q4 order backlog 172 million crowns versus 165 million crowns per Sept 30, 2016 .Q4 EBIT loss 3.6 million crowns versus loss 21.5 million crowns year ago.  Full Article

Bergen Group and AAK Energy Services start strategic cooperation
Friday, 3 Feb 2017 02:00am EST 

Bergen Group ASA : Has entered into strategic cooperation with AAK Energy Services AS .AAK Energy Services specializes in demanding access to vulnerable areas in challenging environments.  Full Article

Bergen Group announces acceptance of refinancing process
Wednesday, 28 Dec 2016 02:33am EST 

Bergen Group ASA : Full acceptance of comprehensive refinancing process . Refinancing package includes 22 million Norwegian crowns ($2.53 million) in new equity via private placement . Refinancing includes total debt reduction in order of 182 million crowns through voluntary reduction of 50 pct of commitments Bergen Group had incurred up until summer 2015 . Subsequent offering is planned for Q1 2017 and concurrent subscription price in private placement . Main elements in refinancing package include fully subscribed private placement, reduction of debt obligations and new loan facility . Brian Chang Holdings limited and AS Flyfisk have also granted Bergen Group loan facility of 20 million crowns on favorable terms . Has initiated process of preparing a repair issue .Subsequent offering will generate gross proceeds of up to 5.3 million crowns.  Full Article

Bergen Group awarded new inspection and survey project
Monday, 5 Dec 2016 02:40am EST 

Bergen Group ASA : Says its unit Bergen Group Services AS has been awarded new inspection and survey project on minesweeper vessel .Project will commence in early Jan. 2017 for estimated period of 12 weeks.  Full Article

Bergen Group Q3 EBITDA turns to profit of NOK 0.4 million
Friday, 18 Nov 2016 02:14am EST 

Bergen Group ASA : Q3 revenue 56.5 million Norwegian crowns ($6.59 million) versus 44.6 million crowns year ago . Q3 EBITDA 350,000 crowns versus loss 10.1 million crows year ago .At the end of Q3 2016 had order backlog of 165 million crowns, compared to 188 million crowns at June 30.  Full Article

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