• news.cision.com/
  • Cxense/
  • Cxense ASA - Key information relating to potential subsequent repair offering in Cxense ASA

Cxense ASA - Key information relating to potential subsequent repair offering in Cxense ASA

Report this content

Reference is made to the stock exchange notice from Cxense ASA (the "Company"), on 24 August 2017, regarding a private placement of NOK 40 million in the Company at a subscription price of NOK 40 per share (the "Private Placement") and a possible subsequent offering at the same subscription price as in the Private Placement (the "Subsequent Offering").

Date on which the terms of the subsequent offering was announced: 24 August 2017

Last day inclusive rights to subscription rights: 24 August 2017

First day excluding rights to subscription rights: 25 August 2017

Record Date 28 August 2017

Date of approval: Expected to be on or about 18 September

Maximum number of new shares: 150,000

Subscription price: NOK 40.00

Shall the subscription rights be listed: No

Other information:

The Subsequent Offering is subject to the Company's general meeting resolving to approve the Private Placement and a board authorization to issue shares in the Subsequent Offering as well as publication of a prospectus approved by the Norwegian Financial Supervisory Authority. Notwithstanding the foregoing, the board of directors may, in its sole discretion, decide that the Company shall not carry out the Subsequent Offering.

This information is published in accordance with the requirements set out in the continuing obligations for stock exchange listed companies.

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