Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | OB Match |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
Reference is made to the stock exchange announcement published by Salmon Evolution ASA ("Company") on 19 April 2023 regarding the successful placing of a private placement of 68,181,818 shares at a subscription price of NOK 7.7 (the "Subscription Price") in the Company to raise gross proceeds of NOK 525 million (the "Private Placement") and a potential subsequent share offering of up to 6,500,000 new shares at the Subscription Price (the "Subsequent Offering"). The Company expressed that any such potential Subsequent Offering was conditional on, inter alia, prevailing market price of the Company's shares being higher than the Subscription Price.
The Company's shares have for an extended period traded below the Subscription Price, which is also currently the case. Since the placing of the Private Placement, the total traded volume at prices at or below the Subscription Price is higher than the maximum size of the potential Subsequent Offering. As a result, existing shareholders who did not participate in the Private Placement have had the opportunity to reduce the dilutive effect of the Private Placement at trading prices at or below what would have been the subscription price in the potential Subsequent Offering. The board of directors of the Company has therefore decided not to proceed with the Subsequent Offering.
As a result, the board of directors has withdrawn the agenda item 5 "Board authorization for subsequent offering" on the extraordinary general meeting to be held on 11 May 2023 regarding approval of a board authorization to issue new shares for the purposes of the Subsequent Offering.