Re: PP of $5+
posted on
Mar 01, 2010 12:46PM
(Edit this message through the "fast facts" section)
Brymstone. You write 110mill €. I read that the allocation is 110 000€ and the amount of shares will be 20-30million. Can you enlighten me? :
The placement will consist of the issuance of between
20 million and 30 million Common Shares of the
Company. The placement will be priced in the context
of the market and will be carried out through a book
building process that will close no later than 08:30
(CET) on March 2, 2010 or earlier at the Company's
discretion. The minimum subscription and allocation
is shares with an aggregate purchase price equivalent
to EUR 110,000. The result of the placement will be
announced prior to start of stock exchange trading on
Oslo Børs on March 2, 2010. The placement is subject
to receipt of all requisite approvals.