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CORRECTION OFFICIAL - SpareBank 1 Nord-Norge Announces Final Results of Offerings


Thursday, 3 Oct 2013 10:14am EDT 

CORRECTED TO READ...In the employee offering, SpareBank 1 Nord-Norge received subscriptions for a total of NOK 22.8 million...AND...on 249 employees...INSTEAD OF...In the employee offering, SpareBank 1 Nord-Norge received subscriptions for a total of NOK 22.2 million...AND...247 employees. SpareBank 1 Nord-Norge announced that both the rights offering and the employee offering in SpareBank 1 Nord-Norge closed on September 27, 2013 at 16:30 (Norwegian time). The final allocation of new equity capital certificates is now available. At the expiry of the subscription period, SpareBank 1 Nord-Norge had received subscriptions for a total of 54.5 million new equity capital certificates in the rights offering. 33,104,494 new equity capital certificates were offered, and the right offering was consequently oversubscribed by approximately 65%. In the employee offering, SpareBank 1 Nord-Norge received subscriptions for a total of NOK 22.8 million, equaling 1.1 million equity capital certificates distributed on 249 employees. SpareBank 1 Nord-Norge will as a result of the rights offering receive gross proceeds of NOK 749.8 million. The employee offering gives SpareBank 1 Nord- Norge gross proceeds of NOK 22.2 million. 

Company Quote

35.6
-0.2 -0.56%
22 Aug 2014