IMAREX NOS ASA PLANNED PRIVATE PLACEMENT
[First published: Thursday 08 March 2007 6:15:34 am]
IMAREX NOS ASA (`Imarex`) has retained Pareto Securities ASA to advise on and effect a contemplated private placement of new shares directed towards professional investors in Norway and internationally after the close of Oslo Børs today.
The planned share issue will amount to a maximum of 1,032,200 new shares, equal to approximately 10% of existing outstanding shares at a subscription price of NOK 85.50 per share, giving gross proceeds of up to approximately NOK 88 million. The new shares will be issued pursuant to an authorization granted to the Board of Directors by the extraordinary general meeting held on 5 October 2006.
The proceeds from the private placement will primarily be used to finance expansion within Market Place & Exchange and OTC brokerage expected to be announced within the next few months, in addition to general corporate purposes.
For further information, please contact:
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Arild Jæger, Chief Financial Officer
Telephone: + 47 23 89 42 11
Mobile: +47 971 79 688
E-mail: arild.jaeger@imarex.com
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