NPRO - Resolved subsequent offering of 50 million shares
(Thomson Reuters ONE) - Reference is made to the Prospectus dated 10 August 2009 regardingthe subsequent offering of up to 50,000,000 new shares at asubscription price of NOK 6.00 per share (the "Subsequent Offering")by Norwegian Property ASA and the press release published earliertoday regarding the subscription level in the Subsequent Offering.The Board of Directors in Norwegian Property ASA has decided to issue50,000,000 new shares related to the subsequent share offering andresolved the allocation of shares to investors. The shares subscribedin the Subsequent Offering, are expected to be paid for on 1September and are expected to be listed on Oslo Stock Exchange on 7September. The total number of shares in Norwegian Property willafter the execution of the Subsequent Offering increase to453,270,823 shares.Norwegian Property ASA is listed on Oslo Børs and is a propertyinvestment company holding the largest portfolio of high qualityoffice assets (CBD) with blue-chip tenants in Norway. NorwegianProperty also fully owns Norgani Hotels, which is the leading Nordichotel property owner and the 5th largest in Europe. For moreinformation, please refer to www.norwegianproperty.no.For further information, please contactMari Thjømøe, CFO, tel. +47 90 777 824Sigmund Sletvold, IRO, tel. +47 97 743 143Important noticesNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,IN THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS ORSALES WOULD BE PROHIBITED BY APPLICABLE LAW.The contents of this announcement have been prepared by and are thesole responsibility of Norwegian Property. The Managers are actingexclusively for Norwegian Property and no one else and will not beresponsible to anyone other than Norwegian Property for providing theprotections afforded to their respective clients, or for advice inrelation to the private placement and subsequent offering, thecontents of this announcement or any of the matters referred toherein.The distribution of this announcement and other information inconnection with the subsequent offering may be restricted by law incertain jurisdictions. Persons into whose possession thisannouncement or such other information should come are required toinform them selves about and to observe any such restrictions.This announcement may not be used for, or in connection with, anddoes not constitute, any offer to sell, or an invitation to purchase,any securities. The subsequent offering will not be made in anyjurisdiction or in any circumstances in which such offer orsolicitation would be unlawful.This announcement is not an offer to sell or the solicitation of anyoffer to buy any Norwegian Property shares or other securities ofNorwegian Property (the Securities) in the United States, nor shallthere be any sale of the Securities in any state thereof in whichsuch offer, solicitation or sale would be unlawful prior toregistration or qualification under the securities laws of any suchstate. Any public offering of the Company's securities in the UnitedStates will be made only by means of a prospectus that may beobtained from the Company and that will contain detailed informationabout the Company and management, as well as financial statements andother information relevant to investors.The Norwegian Property shares have not been and will not beregistered under the applicable securities laws of Australia, Canadaor Japan and may not be offered or sold within Australia, Canada orJapan.In the United Kingdom, this announcement is directed only at personswho (i) have professional experience in matters relating toinvestments falling within Article 19(5) of the Financial Servicesand Markets Act 2000 (Financial Promotion) Order 2005 (as amended,the Financial Promotion Order), (ii) are persons falling withinArticle 49(2)(a) to (d) (high net worth companies, unincorporatedassociations etc) of the Financial Promotion Order, (iii) are outsidethe United Kingdom, or (iv) are persons to whom an invitation orinducement to engage in investment activity (within the meaning ofsection 21 of the Financial Services and Markets Act 2000) inconnection with the issue or sale of any securities may otherwiselawfully be communicated or caused to be communicated. Thisannouncement is directed only at such persons and must not be actedon or relied on by persons in the United Kingdom who are not suchpersons. Any investment or investment activity to which thisannouncement relates is available in the United Kingdom only to suchpersons and will be engaged in only with such persons and no otherpersons in the United Kingdom should rely or act upon thisannouncement.All investment is subject to risk. The value of the NorwegianProperty shares may go down as well as up. Past performance is noguarantee of future returns. Potential investors are advised to seekexpert financial advice before making any investment decision.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 25.08.2009 - 19:30 Uhr
Sprache: Deutsch
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