Saga Pure Asa: Result of the Subsequent Offerings

Reference is made to the stock exchange notice from Saga Pure ASA (" Saga Pure " or the " Company ") published on 12 January 2021 regarding commencement of the subscription period in the following subsequent offerings: A subsequent offering with gross proceeds of up to NOK 8.4 million (the " Subsequent Offering I "), consisting of an offer of minimum 1 and maximum 4,000,000 new shares (each an " Offer Share I ") in the Company to eligible shareholders, each Offer Share I at a subscription...

Oslo, 28/01/2021 (informazione.news - comunicati stampa - trasporti)

Reference is made to the stock exchange notice from Saga Pure ASA (" Saga Pure " or the " Company ") published on 12 January 2021 regarding commencement of the subscription period in the following subsequent offerings:

The subscription period for the Subsequent Offerings ended on 27 January 2021 at 16.30 hours (CET), and the Company's Board of Directors has now approved the final allocation of the Offer Shares in the Subsequent Offerings in accordance with the allocation criteria for each Subsequent Offering.  Further information about the results of each Subsequent Offering is set out below.

Notifications of allocation in the Subsequent Offerings are expected to be issued on 28 January 2021. The due date for payment of allocated Offer Shares is on 2 February 2021. Delivery of the Offer Shares is expected to take place on or about 5 February 2021, through the facilities of the VPS. Trading in the Offer Shares on Euronext Expand is expected to commence on or about 5 February 2021.

Fearnley Securities AS acts as manager for the Subsequent Offerings. Advokatfirmaet CLP DA acts as Norwegian legal counsel to the Company in connection with the Subsequent Offerings.

For other questions, please contact:
Bjørn Simonsen, CEO, +47 97 17 98 21
Espen Lundaas, CFO, +47 92 43 14 17

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