BWG Homes ASA: Implementation of repair issue and trades by primary insiders
(Thomson Reuters ONE) -
Reference is made to the stock exchange announcement dated 21 March 2012
regarding approval of a prospectus relating to, among other, a repair issue
consisting of up to 3,478,260 new shares. The subscription period for the repair
issue expired on 10 April 2012 at 17:30 hours (CET).
Based on the subscriptions received and the allocation principles set out in the
repair issue resolution of the extraordinary general meeting held 7 March 2012,
the board of directors has resolved to allocate 3,062,825 shares at a price per
share of NOK 11.50.
Notice of allocation and payment instructions will be sent on 11 April 2012.
Payment date will be 16 April 2012, and all investors being allotted new shares
must ensure that sufficient funds are available in the bank account stated in
the subscription form within 16 April 2012. Following the registration of the
repair issue with the Norwegian Register of Business Enterprises, the share
capital of the company will consist of 136,121,433 shares each with a par value
of NOK 1. The new shares will automatically be listed at the time of such
registration, expected to take place on or about 18 April 2012.
The new shares may not be transferred or traded until they are fully paid and
registered on the VPS account of the individual subscriber.
For further details regarding the repair issue, reference is made to the
prospectus.
The following primary insiders were allocated shares in the repair issue:
Lagulise AS, a company owned by CEO Lars Nilsen and his connected persons, was
allocated 100,000 shares. Total holding after the implementation of the repair
issue will be 400,000 shares.
Eva Eriksson, Chairman of the Board of BWG Homes ASA, was allocated 10,000
shares. Total holding after the implementation of the repair issue will be
30,000 shares.
Harald Walther, Deputy Chairman of the Board of BWG Homes ASA, and his connected
persons were allocated 235,000 shares. Total holding after the implementation of
the repair issue will be 969,045 shares.
Espen E. Wiik, Board Member of BWG Homes ASA, was allocated 5,000 shares. Total
holding after the implementation of the repair issue will be 10,000 shares.
Ole Feet, CEO in Block Watne AS, was allocated 10,000 shares. Total holding
after the implementation of the repair issue will be 25,400 shares.
Arnt Eriksen, CFO in BWG Homes ASA, was allocated 6,000 shares. Total holding
after the implementation of the repair issue will be 44,000 shares.
Elisabet Landsend, director of Corporate Communications, was allocated 4,600
shares. Total holding after the implementation of the repair issue will be
15,000 shares.
Mikael Olsson, CEO in BWG Homes AB, was allocated 3,721 shares. Total holding
after the implementation of the repair issue will be 40,000 shares.
Jonas Karlsson, CFO in BWG Homes AB, was allocated 2,977 shares. Total holding
after the implementation of the repair issue will be 26,000 shares.
The repair issue was managed by Arctic Securities ASA.
For further information, please contact
Arnt Eriksen, CFO, tel. +47 23 24 60 37, +47 922 14 625
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: BWG Homes ASA via Thomson Reuters ONE
[HUG#1601371]
Datum: 11.04.2012 - 08:39 Uhr
Sprache: Deutsch
News-ID 133715
Anzahl Zeichen: 4387
contact information:
Kategorie:
Business News
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"BWG Homes ASA: Implementation of repair issue and trades by primary insiders"
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BWG Homes ASA (Nachricht senden)
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