HUNTER GROUP ASA – Share Capital increase registered

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Oslo, 20 June 2018:  

Reference is made to the Hunter Group ASA’s (the “Company”) extraordinary general meeting as of 13 June 2018, whereby the general meeting resolved the private placement of NOK 520,000,000, by issuance of 162,500,000 new shares (the “New Shares”), each with a par value of NOK 1.25, at a subscription price of NOK 3.20 per share (the “Secondary Private Placement”).  

  

The share capital increase pertaining to the New Shares issued in the Secondary Private Placement has today been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is NOK 460,822,516.29, consisting of 368,658,013 shares with a par value of NOK 1.25 per share.  

  

The New Shares will be delivered to the subscribers in the secondary private placement today.

For further information, please contact:

Erik Frydendal, CEO, tel: +47 957 72 947, ef@huntergroup.no

About Us

Hunter Group ASA is a publicly traded investment company listed on the Oslo Axess. Hunter Group currently has 7 high spec VLCC's with scrubbers under construction at DSME in Korea.

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