REC Silicon ASA : Notice of Treasury Bond Transaction

REC Silicon ASA : Notice of Treasury Bond Transaction

ID: 407214

(Thomson Reuters ONE) -


REC Silicon ASA- Notice of Treasury Bond Transaction


Fornebu, Norway - July 16, 2015:REC Silicon ASA (the "Company" or "REC") has
sold or agreed to sell a nominal value of NOK 155,000,000 of REC03 held in
treasury (ISIN: NO0010607476), representing 17% of the nominal amount issued, at
a price of 91% of par. After the transaction, the Company holds NOK 457,500,000
of REC03 representing approximately 50% of the nominal amount issued.
Furthermore, the Company has acquired or agreed to acquire a nominal value of
NOK 55,000,000 of REC02 (ISIN: NO0010607484), representing approximately 8% of
the nominal amount issued, at a price of 100% of par. After the transaction, the
Company holds NOK 533,500,000 of REC02 representing approximately 75% of the
nominal amount issued.

Arctic Securities AS and Swedbank Norge, branch of Swedbank AB (publ), acted as
Managers in the transaction

For further information, please contact:
Chris Bowes
Investor Relations
Phone: +1 509 793 8127
Email: chris.bowes(at)recsilicon.com

Nils O. Kjerstad
IR Contact Europe
Phone: +47 9135 6659
Email: nils.kjerstad(at)crux.no

About REC Silicon
REC Silicon ASA is a leading innovator of advanced silicon materials, supplying
to solar and electronics industries worldwide. We utilize 30 years' experience
and best-in-class proprietary technology to deliver on customer expectations.
Combined, our two U.S. based plants have a 20,000 MT high-purity polysilicon
capacity, and nearly 30,000 MT capacity of silicon gas.  REC Silicon is
headquartered in Moses Lake, Washington and employs approximately 720 people.
Listed on the Oslo Stock Exchange under the ticker: REC.

For more information, please visit: www.recsilicon.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: REC Silicon ASA via GlobeNewswire
[HUG#1939268]




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Bereitgestellt von Benutzer: hugin
Datum: 16.07.2015 - 11:42 Uhr
Sprache: Deutsch
News-ID 407214
Anzahl Zeichen: 2750

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