RomReal : APPROVED RIGHTS ISSUE PROSPECTUS AND SUBSCRIPTION PERIOD COMMENCES
(Thomson Reuters ONE) -
Reference is made to the stock exchange notice dated 10 June 2013 and the Board
of Directors' resolution to carry out a Rights Issue ("the Rights Issue") of up
to 98,494,720 new shares ("the Offer Shares") at a subscription price of NOK
0.125 ("the Subscription Price") per Offer Share, with subscription rights for
existing shareholders as of the end of 10 June 2013. The terms and conditions of
the Rights Issue were announced on 10 June 2013.
RomReal Ltd ("RomReal" or "the Company") has today published a prospectus ("the
Prospectus") in connection with the Rights Issue. The Prospectus has been
reviewed and approved by the Financial Supervisory Authority of Norway.
Subscription Price
The Subscription Price is NOK 0.125 per Offer Share.
Subscription Rights
Each existing shareholder has received 20 subscription rights ("the Subscription
Rights") for each share held, based on the Company's shareholder list at the end
of 10 June 2013, as appearing in the Norwegian Central Securities Depository
(VPS) as of the closing date 13 June 2013.
The holders of Subscription Rights will be entitled to subscribe for and be
allocated 1 Offer Share for every Subscription Right held. Oversubscription is
permitted.
Subscription Rights transferred to shareholders registered in VPS will not be
tradable and will be listed on Oslo Axess.
Subscription Period
The subscription period will be from and including 17 June 2013 until 28 June
2013 at 16:30 hours (CET).
Please note that Subscription Rights that are not used to subscribe for Offer
Shares before the end of the subscription period will lapse without compensation
and consequently be of no value.
It is expected that payment for Offer Shares will be made on 5 July 2013.
Trading in Offer Shares on Oslo Axess is expected to commence on or about 12
July 2013. The Offer Shares will be delivered through the facilities of the VPS.
The manager of the Rights Issue is Swedbank First Securities. The Prospectus
will together with the subscription form be available at www.romreal.com and
www.swedbank.no, and will also be available free of charge at the business
offices of RomReal and Swedbank First Securities.
For further enquiries please contact:
Harris Palaondas
Investor Relations
investors(at)romreal.com
+40731123037
This information is subject to the disclosure requirements pursuant to section
3.2 (1) no. 3 e) of Oslo Stock Exchange's Rules on continuing obligations of
stock exchange listed companies and section 5-12 of the Norwegian Securities
Trading Act.
RomReal Prospectus June 2013:
http://hugin.info/138565/R/1709768/566711.pdf
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: RomReal via Thomson Reuters ONE
[HUG#1709768]
Unternehmensinformation / Kurzprofil:
Datum: 17.06.2013 - 07:01 Uhr
Sprache: Deutsch
News-ID 270064
Anzahl Zeichen: 3512
contact information:
Town:
Hamilton
Kategorie:
Business News
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