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Borregaard ASA Updates on Initial Public Offering of Shares by Orkla ASA


Monday, 19 Nov 2012 02:40am EST 

Borregaard ASA announced with reference to the announcement by UBS Limited on November 19, 2012 regarding the expiry of the stabilization period for the initial public offering of Borregaard ASA that the over-allotment option to UBS (on behalf of the managers) to purchase additional shares from Orkla ASA has not been exercised. As a result, Orkla's shareholding in Borregaard will remain at 19%, which comprises 19,000,000 shares. 

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16 Apr 2014