Reference is made to previous stock exchange announcements from Norwegian Energy Company ASA ("Noreco" or the "Company", ticker "NOR") concerning the subsequent repair offering of up to NOK 100 million (the "Subsequent Offering").
As previously announced, the subscription period for the Subsequent Offering will expire at 16:30 hours (CET) today, 13 January 2014. Subscription rights not used to subscribe for shares in the Subsequent Offering before the end of the subscription period will lapse without compensation to the holder, and consequently be of no value.
The subscription price per offer share is NOK 0.10, equal to the subscription price in the NOK 430 million private placement completed in December 2013. Over subscription and subscription without subscription rights is allowed. For further information about the Subsequent Offering, reference is made to the prospectus dated 20 December 2013 which (together with subscription form) is available at www.noreco.com, www.arcticsec.no, www.paretosec.com or www.swedbank.no. Any questions or requests for assistance concerning the offering should be directed to the Joint Bookrunners: Arctic Securities ASA, Pareto Securities AS and Swedbank.
Source: Norwegian Energy Company
