Insr - Private placement successfully completed
Oslo, 25 June 2020 Insr Insurance Group ASA (“Insr” or the “Company”) is pleased to announce that it successfully raised approximately NOK 55.6 million in gross proceeds through a private placement of 14,815,625 shares, at a price per share of NOK 3.75 per share. This represents a 3.6% premium to today’s closing price of NOK 3.62. The net proceeds from the private placement will be used to continue and further intensify the digitalisation of the white label strategy and for general corporate purposes. As of 31 March 2020, the solvency ratio was 117%. Including the proceeds from