BEWI – Contemplated private placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL BEWI, a leading provider of packaging, components, and insulation solutions, today announces that the company contemplates a private placement of NOK 200 million. In addition, funds advised by the Verdane Group contemplates a secondary sale of shares of up to NOK 50 million.