Selskapsmeldinger

Correction: Ice Group ASA - start of application period (ICE)

Company news

2019-01-21 12:16:12

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Oslo, 21 January 2019: Ice Group ASA (“Ice Group” or the “Company”) refers to the announcement on 17 January 2019 regarding the contemplated private placement of new shares as further described therein (the “Private Placement”).

The application period for the Private Placement commences today at 09:00 CET and ends on 31 January 2019 at 16:30 CET (subject to extensions). Applicants wishing to apply for new shares in the Private Placement must contact DNB Markets, a part of DNB Bank ASA, or Pareto Securities AS as joint lead managers of the Private Placement.

A Company update presentation has today been posted on the Company’s webpage:
https://icegroup.com/blog/ice-group-presentation-1/

DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS are engaged as joint lead managers of the Private Placement and Advokatfirmaet BAHR AS as legal advisor.

For further information, please contact:
Investors: Henning Karlsrud, CFO of ice group, tel: +47 930 45 389
Media: Endre Aaberg Johansen, Corporate Communications AS, tel: +47 416 10 605, email: endre.johansen@corpcom.no

About Ice Group ASA
Ice Group is a Scandinavian telecommunications company with nationwide networks within each of its territories. In Norway, the company operates a pure 4G mobile network, providing smartphone, m2m, IoT and mobile broadband services to B2C and B2B customers. Its Norwegian business was the fastest growing mobile network operator in Europe in 2017. Ice Group also offers mobile broadband, m2m and IoT services in Sweden and Denmark through its own network. For more information, see www.icegroup.com.

Important Notice
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. None of DNB Markets (a part of DNB Bank ASA) and Pareto Securities AS (the “Joint Lead Managers”) or any of their respective affiliates or any of their respective directors, officers, employees, advisors or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith. This announcement has been prepared by and is the sole responsibility of the Company.

Neither this announcement nor any copy of it may be made or transmitted into the United States, or distributed, directly or indirectly, in or into or from the United States (including its territories and possessions, any State of the United States and the District of Columbia). Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada, Japan, South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction, or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. The distribution or release of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase or subscribe for, any securities referred to in this announcement to any person in any jurisdiction, including, Australia, Canada, Japan, South Africa or the United States or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any securities laws of any state or other jurisdiction of the United States and may not be offered or sold within the United States absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance with applicable U.S. state securities laws. The Company does not intend to register any securities referred to herein in the United Stated or to conduct a public offering of securities in the United States.

This announcement is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. Persons distributing this announcement must satisfy themselves that it is lawful to do so.

This announcement is an advertisement and does not constitute a prospectus for the purposes of the Prospectus Directive. The expression "Prospectus Directive" means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in each Member State. The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.

In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. Each of the Company, the Joint Lead Managers and their respective affiliates expressly disclaim any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

This announcement does not constitute a recommendation concerning the Private Placement. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Private Placement cannot be relied upon as a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the Private Placement for the entity concerned.

The Joint Lead Managers and their affiliates are acting exclusively for the Company and no-one else in connection with the intended Private Placement. They will not regard any other person as their respective clients in relation to the intended Private Placement and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to the intended Private Placement, the contents of this announcement or any transaction, arrangement or other matter referred to herein

Ice Group ASA – start of application period (ICE)

Company news

2019-01-21 08:01:19

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Oslo, 21 January 2019: Ice Group ASA (“Ice Group” or the “Company”) refers to the announcement on 17 January 2019 regarding the contemplated private placement of new shares as further described therein (the “Private Placement”).

The application period for the Private Placement commences today at 09:00 CET and ends on 31 January 2019 at 16:30 CET (subject to extensions). Applicants wishing to apply for new shares in the Private Placement must contact DNB Markets, a part of DNB Bank ASA, or Pareto Securities AS as joint lead managers of the Private Placement.

A Company update presentation has today been posted on the Company’s webpage www.icegroup.com.

DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS are engaged as joint lead managers of the Private Placement and Advokatfirmaet BAHR AS as legal advisor.

For further information, please contact:
Investors: Henning Karlsrud, CFO of ice group, tel: +47 930 45 389
Media: Endre Aaberg Johansen, Corporate Communications AS, tel: +47 416 10 605, email: endre.johansen@corpcom.no

About Ice Group ASA
Ice Group is a Scandinavian telecommunications company with nationwide networks within each of its territories. In Norway, the company operates a pure 4G mobile network, providing smartphone, m2m, IoT and mobile broadband services to B2C and B2B customers. Its Norwegian business was the fastest growing mobile network operator in Europe in 2017. Ice Group also offers mobile broadband, m2m and IoT services in Sweden and Denmark through its own network. For more information, see www.icegroup.com.

Important Notice
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. None of DNB Markets (a part of DNB Bank ASA) and Pareto Securities AS (the “Joint Lead Managers”) or any of their respective affiliates or any of their respective directors, officers, employees, advisors or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith. This announcement has been prepared by and is the sole responsibility of the Company.

Neither this announcement nor any copy of it may be made or transmitted into the United States, or distributed, directly or indirectly, in or into or from the United States (including its territories and possessions, any State of the United States and the District of Columbia). Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada, Japan, South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction, or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. The distribution or release of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase or subscribe for, any securities referred to in this announcement to any person in any jurisdiction, including, Australia, Canada, Japan, South Africa or the United States or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any securities laws of any state or other jurisdiction of the United States and may not be offered or sold within the United States absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance with applicable U.S. state securities laws. The Company does not intend to register any securities referred to herein in the United Stated or to conduct a public offering of securities in the United States.

This announcement is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. Persons distributing this announcement must satisfy themselves that it is lawful to do so.

This announcement is an advertisement and does not constitute a prospectus for the purposes of the Prospectus Directive. The expression "Prospectus Directive" means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in each Member State. The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.

In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. Each of the Company, the Joint Lead Managers and their respective affiliates expressly disclaim any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

This announcement does not constitute a recommendation concerning the Private Placement. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Private Placement cannot be relied upon as a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the Private Placement for the entity concerned.

The Joint Lead Managers and their affiliates are acting exclusively for the Company and no-one else in connection with the intended Private Placement. They will not regard any other person as their respective clients in relation to the intended Private Placement and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to the intended Private Placement, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

OPTIN: Completed Private Placement and start of Subsequent Offering

Company news

2019-01-18 12:16:06

With reference to the announcement from Optin Bank ASA dated 21 December 2018 regarding completion of an extraordinary general meeting, which inter alia granted the Board of Directors at Optin Bank ASA an authorization to issue new shares up to 50 per cent of the existing share capital. Optin Bank ASA has completed a Private Placement directed towards some existing shareholders and new investors with gross proceeds of NOK 33,384,417. The Board of Directors has allocated shares and resolved to issue 3,034,947 new shares at a price of NOK 11 per share. The new shares will be issued and delivered to the investors as soon as reasonably possible following the obtained approval by Finanstilsynet and registration of the share capital increase in the Norwegian Register of Business Enterprises, expected on or about 25 January 2019. The new capital will be used to support the company’s further growth and build transaction volume in eCommerce Financing.
Further, in order to limit dilution of the existing ownership and ensure fair and equal treatment of all shareholders, the Board has resolved to carry out a Subsequent Offering directed towards the shareholders of the Company registered in the Norwegian Central Securities Depository as per 18 December 2018, who did not participate in the private placement of 18 December 2018, but only to the extent such persons are not resident in a jurisdiction where such offering would be unlawful or would require any prospectus, filing, registration or similar action. The Subsequent Offering will consist of an offer to subscribe for up to 1,925,277 new shares at a subscription price of NOK 11 per share.
For further information, please contact:
Harald Dahl-Pedersen, CEO
+47 915 93 189
hdp@optinbank.no

Klaveness Combination Carriers AS – Minutes from Extraordinary General Meeting 18 January 2019

Company news

2019-01-18 10:20:28

KCC: Oslo, 18 January 2019: An Extraordinary General Meeting in Klaveness Combination Carriers AS was held today Friday 18 January 2019. Enclosed is the Minutes of the Meeting.

For questions please contact:

Lasse Kristoffersen, Chairman of the Board, telephone +47 22 52 62 38

Liv Dyrnes, CFO, telephone +47 22 52 61 51

Ice Group ASA contemplates to carry out an equity offering and call for EGM (ICE)

Company news

2019-01-17 19:11:04

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Oslo, 17 January 2019: Ice Group ASA (“Ice Group” or the “Company”) contemplates to carry out a private placement of new shares (“New Shares”) with the objective of raising gross proceeds of NOK 1.2 - NOK 1.5 billion at subscription price per New Share of NOK 20 (the “Private Placement”). Use of proceeds from the Private Placement is for further network build-out and cover costs under the national roaming agreement with Telia in Norway, as well as working capital and general corporate purposes.

Following the postponement of the initial public offering (IPO) of Ice Group’s shares as announced on 6 December 2018, the board of directors of the Company has assessed a number of financing alternatives to secure funding over the next 12-15 months, and concluded with the Private Placement. Gross proceeds of NOK 1.2 billion in the Private Placement has on certain terms and conditions been guaranteed subscribed for by certain of the Company’s largest shareholders.

The Private Placement is directed at (i) existing shareholders in the Company as of 17 January 2019 (as recorded in the shareholder register in the VPS as of 21 January 2019) resident in a jurisdiction where such offering would not be unlawful or would require any prospectus, filing, registration or similar action (“Eligible Shareholders”), and (ii) certain institutional or professional investors with a minimum application and allocation amount exceeding the NOK equivalent of more than EUR 100,000 who may lawfully participate in the Private Placement. Eligible Shareholders shall be entitled to apply and be allocated New Shares for their pro rata share based on existing ownership up to gross proceeds of NOK 1.4 billion. Allocation exceeding such amount or by non-Eligible Shareholders is at the discretion of the Company’s board of directors.

The application period for the Private Placement commences on 21 January 2019 at 09:00 CET and ends on 31 January 2019 at 16:30 CET (subject to extensions). Applicants wishing to apply for New Shares must contact DNB Markets, a part of DNB Bank ASA, or Pareto Securities AS as joint lead managers of the Private Placement.
Completion of the Private Placement is subject to i) all necessary corporate resolutions being validly made by the Company, including without limitation approval by the Company's extraordinary general meeting expected to take place on or about 1 February 2019 (the EGM”); and ii) payment being received for the allocated New Shares to be issued in the Private Placement and registration of the share capital increase pertaining to the Private Placement in the Norwegian Register of Business Enterprises. The Private Placement can be terminated at any time and for any reason. Following completion of the Private Placement, Ice Group’s share capital will be increased by minimum NOK 54,000,000 and maximum NOK 67,500,000 by the issue of minimum 60,000,000 and maximum 75,000,000 New Shares, each with a nominal value of NOK 0.90.

The Company has decided to convene the EGM to approve the share capital increase pertaining to the Private Placement, as well as proposals for authorisations to the board of directors to issue new shares and convertible loan. See enclosed the full notice for the EGM.

DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS are engaged as joint lead managers of the Private Placement and Advokatfirmaet BAHR AS as legal advisor.

For further information, please contact:
Investors: Henning Karlsrud, CFO of ice group, tel: +47 930 45 389
Media: Endre Aaberg Johansen, Corporate Communications AS, tel: +47 416 10 605, email: endre.johansen@corpcom.no

About Ice Group ASA
Ice Group is a Scandinavian telecommunications company with nationwide networks within each of its territories. In Norway, the company operates a pure 4G mobile network, providing smartphone, m2m, IoT and mobile broadband services to B2C and B2B customers. Its Norwegian business was the fastest growing mobile network operator in Europe in 2017. Ice Group also offers mobile broadband, m2m and IoT services in Sweden and Denmark through its own network. For more information, see www.icegroup.com.

Important Notice
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. None of DNB Markets (a part of DNB Bank ASA) and Pareto Securities AS (the “Joint Lead Managers”) or any of their respective affiliates or any of their respective directors, officers, employees, advisors or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith. This announcement has been prepared by and is the sole responsibility of the Company.

Neither this announcement nor any copy of it may be made or transmitted into the United States, or distributed, directly or indirectly, in or into or from the United States (including its territories and possessions, any State of the United States and the District of Columbia). Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada, Japan, South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction, or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. The distribution or release of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase or subscribe for, any securities referred to in this announcement to any person in any jurisdiction, including, Australia, Canada, Japan, South Africa or the United States or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any securities laws of any state or other jurisdiction of the United States and may not be offered or sold within the United States absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance with applicable U.S. state securities laws. The Company does not intend to register any securities referred to herein in the United Stated or to conduct a public offering of securities in the United States.

This announcement is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. Persons distributing this announcement must satisfy themselves that it is lawful to do so.

This announcement is an advertisement and does not constitute a prospectus for the purposes of the Prospectus Directive. The expression "Prospectus Directive" means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in each Member State. The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.

In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. Each of the Company, the Joint Lead Managers and their respective affiliates expressly disclaim any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

This announcement does not constitute a recommendation concerning the Private Placement. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Private Placement cannot be relied upon as a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the Private Placement for the entity concerned.

The Joint Lead Managers and their affiliates are acting exclusively for the Company and no-one else in connection with the intended Private Placement. They will not regard any other person as their respective clients in relation to the intended Private Placement and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to the intended Private Placement, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

BW Tankers Limited (N-OTC: HAFNIA): Completion of merger with Hafnia Tankers Ltd

Company news

2019-01-17 12:10:22

BW Tankers Limited (N-OTC: HAFNIA): Completion of merger with Hafnia Tankers Ltd

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR TO THE U.S. NEWS WIRE SERVICES OR INTO THE U.S., CANADA, AUSTRALIA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Dated: 17 January, 2019

Reference is made to the announcement made by Hafnia Tankers Ltd ("Hafnia") yesterday regarding the completion of the merger between Hafnia and BW Tankers Limited ("BW Tankers"), whereby Hafnia and BW Tankers Corp., a Marshall Island subsidiary of BW Tankers ("NewSub"), shall merge under the laws of the Marshall Islands (the "Merger"), with NewSub being the surviving entity. The shareholders of Hafnia will in the Merger receive consideration for their Hafnia shares in the form of common shares of BW Tankers (BW Tankers after the Merger is hereinafter referred to as the "Merged Company").

All the conditions for the Merger have been fulfilled, and the Articles of Merger have been filed with the Registrar of Corporations of the Marshall Islands authorities, meaning that the Merger is effective as of 16 January 2019 (the "Effective Date"). The shareholders of Hafnia will receive the consideration shares in BW Tankers on 18 January 2019, subject to the two-day settlement cycle in the VPS system (T+2).

As part of the Merger, all of Hafnia's assets and liabilities, contracts, rights and obligations in their entirety have been assumed by NewSub. Subsequently, NewSub will merge with BW Tankers without consideration pursuant to the simplified rules for a merger between a parent and a subsidiary (being the "Second Merger") as soon as practicably possible following the Merger. BW Tankers will be the surviving entity of the Second Merger, and as such, it will ultimately assume all of Hafnia's assets and liabilities, contracts, rights and obligations in their entirety. BW Tankers will change its company name to Hafnia Limited and the name change is expected to be completed on or about 18 January 2019.

As a consequence of the Merger, Hafnia has been deleted from the N-OTC list. BW Tankers was registered on the N-OTC list as of today.

* * *
About the Merged Company
The Merged Company is a leading ship owner and operator with the world’s largest fleet consisting of 102 product tankers, four newbuildings and three product tanker pools – managed by Hafnia Management and Straits Tankers with vessels in the LR2, LR1, MR and SR segments.

The Merged Company has a solid history in chartering, operations and technical management and strive to always offer customers the best solution for their transportation needs. This solution-focused approach has given us a strong reputation and we remain firmly committed to being a responsible member of the industry and operating according to the highest ethical standards.

The Merged Company is a global company with offices in Singapore, Copenhagen and Houston and presence in Mumbai. We are part of BW Group, an international shipping group that has worked in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production for over 80 years.

* * *
For further information, please contact:
Perry van Echtelt, CFO BW Tankers
+65 67055555
* * *

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States or any other jurisdiction.

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements.
In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Although Hafnia believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Hafnia can give no assurance that such expectations will prove to be correct.

The forward-looking statements or information contained in this news release are made as of the date hereof and Hafnia undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

Oslo Børs VPS Holding ASA - foreløpig regnskap 4. kvartal 2018

Company news

2019-01-17 07:43:07

Med bakgrunn i fremlagt tilbud fra Euronext om kjøp av samtlige utestående aksjer i Oslo Børs VPS Holding, offentligjøres foreløpig regnskap for 4. kvartal 2018. Tallene er ikke revidert.

Ordinær delårsrapport vil offentliggjøres som planlagt den 13. februar 2019, og det gjøres oppmerksom på at det kan forekomme endringer fra foreløpig regnskap til delårsrapporten. Styret vil i forbindelse med delårsrapporten offentliggjøre sitt forslag til utbytte for regnskapsåret 2018.

Oslo Børs VPS Holding oppnådde i 4. kvartal 2018 et overskudd på MNOK 76 (MNOK 76).

Foreløpig kvartalsrapport for 4. kvartal er vedlagt.

For ytterligere informasjon:
Økonomidirektør Geir Heggem, tlf. 22 34 17 22 / 952 38 811
Kommunikasjonsdirektør Per Eikrem, tlf. 22 34 17 40 / 930 60 000

Oslo Børs VPS Holding ASA – preliminary accounts 4th quarter 2018

Company news

2019-01-17 07:41:27

In view of the offer from Euronext N.V to aquire all oustanding shares in Oslo Børs VPS Holding ASA, Oslo Børs VPS Holding is publishing preliminary accounts for the fourth quarter of 2018. The accounting information included in these preliminary accounts has not been audited.

An ordinary interim report will be published as planned on 13 February 2019, and it is to be noted that the information it contains may differ from that contained in these preliminary accounts. The Board of Directors will publish its dividend proposal for the 2018 accounting year in connection with the interim report.

Oslo Børs VPS Holding reports a profit of NOK 76 million for the fourth quarter of 2018 (NOK 76 million).

The preliminary 4th quarter 2018 report is enclosed.

For further information, please contact:
CFO Geir Heggem, tel. +47 22 34 17 22 / +47 952 38 811
SVP Corporate Communications Per Eikrem, tel. +47 22 34 17 40 / +47 930 60 000

HAFNIA:BW Tankers Limited is registered on the NOTC-list

Company news

2019-01-16 17:25:54

BW Tankers Limited is registered on the NOTC-list as of 17 January 2019 with ticker code “HAFNIA”. Prior to the merger with Hafnia Tankers Limited, the company has issued 196,241,352 shares each with a par value USD 0.01, all of which are registered in the VPS with ISIN code BMG174152022. Based on the last share issue closed on 19 December 2018 in which the issue price was US 2.4390 per share, the market capitalization is NOK 4,083,782,535 (i.e. NOK 20.81 per share based upon an USD/NOK exchange rate of 8.53) prior to the merger with Hafnia Tankers Limited. The Company has entered into an agreement whereby it will be able to use the reporting system as from 17 January 2019.
BW Tankers is a leading ship owner and operator with a substantial fleet of product tankers. The Company has a solid history in chartering, operations and technical management to offer customers the best solution to their transportation needs. BW Tankers is a joint venture formed by BW Group and PAG (Pacific Alliance Group), which owns and operates a fleet of more than 50 product tankers in the LR2, LR1 and MR segments including newbuildings. The Company has a global presence with offices in Singapore, Copenhagen and Houston. BW Tankers is associated with the BW group, a shipping company which for over 80 years has been involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production.

Fjerning av aksje: Hafnia Tankers Ltd. (HAFNIA)

Corporate actions

2019-01-16 17:12:13

Hafnia Tankers Ltd. (ISIN:MHY298471035, ticker HAFNIA) er fjernet fra handelsstøttesystemet

Hafnia Tankers Ltd. (N-OTC: HAFNIA): Completion of merger with BW Tankers Limited

Company news

2019-01-16 14:50:19

Hafnia Tankers Ltd. (N-OTC: HAFNIA): Completion of merger with BW Tankers Limited

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR TO THE U.S. NEWS WIRE SERVICES OR INTO THE U.S., CANADA, AUSTRALIA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Dated: 16 January, 2019

Reference is made to the announcement made by Hafnia Tankers Ltd ("Hafnia" or the "Company") on 10 January 2019 regarding the approval by the general meeting of the Plan of Merger in respect of the triangular merger between Hafnia and BW Tankers Limited, a Bermuda limited liability company ("BW Tankers"), whereby Hafnia and BW Tankers Corp., a Marshall Island subsidiary of BW Tankers ("NewSub"), shall merge under the laws of the Marshall Islands (the "Merger"), with NewSub being the surviving entity. The shareholders of Hafnia will in the Merger receive consideration for their Hafnia shares in the form of common shares of BW Tankers (BW Tankers after the Merger is hereinafter referred to as the "Merged Company").

All the conditions for the Merger have been fulfilled, and the Articles of Merger have been filed with the Registrar of Corporations of the Marshall Islands authorities, meaning that the Merger is effective as of today, 16 January 2019 (the "Effective Date"). The shareholders of Hafnia will receive the consideration shares in BW Tankers on 18 January 2019, subject to the two-day settlement cycle in the VPS system (T+2).

As part of the Merger, all of Hafnia's assets and liabilities, contracts, rights and obligations in their entirety have been assumed by NewSub. As previously announced, NewSub will merge with BW Tankers without consideration pursuant to the simplified rules for a merger between a parent and a subsidiary (being the "Second Merger") as soon as practicably possible following the Merger. BW Tankers will be the surviving entity of the Second Merger, and as such, it will ultimately assume all of Hafnia's assets and liabilities, contracts, rights and obligations in their entirety. BW Tankers will change its company name to Hafnia Limited and the name change is expected to be completed on or about 18 January 2019.

As a consequence of the Merger, Hafnia will be deleted from the N-OTC list. BW Tankers will be registered on the N-OTC list as of today.

***

About the Merged Company
The Merged Company is a leading ship owner and operator with the world’s largest fleet consisting of 102 product tankers, four newbuildings and three product tanker pools – managed by Hafnia Management and Straits Tankers with vessels in the LR2, LR1, MR and SR segments.

The Merged Company has a solid history in chartering, operations and technical management and strive to always offer customers the best solution for their transportation needs. This solution-focused approach has given us a strong reputation and we remain firmly committed to being a responsible member of the industry and operating according to the highest ethical standards.

The Merged Company is a global company with offices in Singapore, Copenhagen and Houston and presence in Mumbai. We are part of BW Group, an international shipping group that has worked in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production for over 80 years.

* * *
For further information, please contact:
Mikael Skov, CEO Hafnia Tankers: +45 40100640

* * *
This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States or any other jurisdiction.

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Although Hafnia believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Hafnia can give no assurance that such expectations will prove to be correct.

The forward-looking statements or information contained in this news release are made as of the date hereof and Hafnia undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

Klaveness Combination Carriers AS – New Debtor in KSH03 PRO bond issue

Company news

2019-01-16 13:23:22

KCC: Oslo, 16 January 2019: With reference to the announcement 2 January 2019, Klaveness Combination Carriers AS (KCC) is pleased to announce that the bondholders of the NOK 300 million senior unsecured bond issue (ISIN: NO0010779549, Ticker: KSH03 PRO) have accepted the proposal as set out in the Written Resolution and the bond issue will change debtor from Klaveness Ship Holding AS (KSH) to Klaveness Combination Carriers AS. The existing loan provided by KSH to KCC of USD 36 mill will as a consequence be repaid. Please find attached a notice from Nordic Trustee. The debtor change is expected to take place within end of January 2019.

For questions please contact:

Liv Dyrnes, CFO, telephone +47 22 52 61 51

Net1 International: Loan facilities, rights offering and more simplified ownership structure (NET1)

Company news

2019-01-16 08:59:16

16 January 2019 – Net1 International Holdings AS (“Net1” or “the company”) and its Indonesian subsidiary PT Sampoerna Telekomunikasi Indonesia (“STI”) respectively have entered into two bridge loan facilities totalling USD 15 million for amongst other things the funding of Net1 group’s operations in Indonesia. In connection with this the company has also entered into agreement to acquire all the shares held by its Indonesian JV partner Sampoerna AGRI Resources Pte Ltd ("Sampoerna") in Mobile Internet Holdings B.V. (“MIH”) in return for Sampoerna receiving shares in Net1 (“flip-up”), thereby facilitating a simplified and more transparent ownership structure. The company is also in discussions with financial institutions for longer term debt commitment for its operations in Indonesia. If Net1 obtains such debt financing commitment, Net1 intends to carry out a rights offering raising USD 25 million.

Loans from RASMUSSENGRUPPEN and Sampoerna

The company has entered into a USD 10 million loan agreement with RASMUSSENGRUPPEN AS (“RASMUSSENGRUPPEN”) and STI has entered into a USD 5 million loan agreement with Sampoerna. Following the approval of a forthcoming extraordinary general meeting (EGM), RASMUSSENGRUPPEN and Sampoerna will be awarded 48,228,795 and 24,114,397 subscription rights respectively with an exercise price of NOK 1.2 per share in compensation for making the loans available to the Net1 group. The subscription rights shall be exercisable at any time from the date of issue and for a subscription period of three years.

Rights Offering

Subject to the company obtaining firm financing commitment for Net1’s subsidiary in Indonesia, the company proposes to carry out a rights offering directed towards Sampoerna and the existing shareholders of the company raising proceeds of USD 25 million at a subscription price of NOK 0.90 per share and a subscription period of 14 days from the issue date. USD 15 million of the USD 25 million rights offering has been secured through the loans from RASMUSSENGRUPPEN and Sampoerna which will be converted into shares in Net1 at NOK 0.90 per share if the rights offering occur whilst the additional USD 10 million will be underwritten by certain existing shareholders.

Flip-up of minority interest in Mobile Internet Holdings B.V. (MIH)

Net1 and its subsidiary Net1 International Holdings B.V. (“Net1 BV”) have entered into a share purchase agreement to acquire all shares in Net1 subsidiary MIH that are currently held by Sampoerna. The purchase price payable by the company as consideration for the shares held by Sampoerna in MIH and certain other rights will be settled by the company issuing shares in Net1 in favour of Sampoerna. Sampoerna will hold over 25% of the total shares in Net1 upon completion of all the transactions described above including Sampoerna’s participation in the rights offering. The flip-up is conditional upon the rights offering being completed.

Net1 has also offered to buy the shares held by the other minority shareholder in MIH. Upon completion of these transactions, the company will through its direct and indirect ownership own 100% of the shares in MIH.
“Consolidating the minority shareholding of MIH into Net1 will result in a much more transparent and simplified ownership structure, and strengthen our long standing partnership with Sampoerna, who have been greatly supportive of Net1 Indonesia. It also provides us with a platform to launch a rights offering with the support of our key shareholders as part of an overall funding package to fully fund our expansion plans in the exciting Indonesian market.” says JD Fouchard, Chairman of Net1.

Cancellation of warrants and acquisition of own shares

Net1 has also entered into an agreement with RASMUSSENGRUPPEN, whereby RASMUSSENGRUPPEN will cancel 8,020,050 of its warrants in the company in return for receiving 4,010,025 shares in the company which the company will acquire from ICE group. Further details on this transaction will be disclosed separately.

Extraordinary general meetings

The company will hold general meetings to approve the relevant parts the transaction described in this press release. Net1’s two largest shareholders, AI Media Holdings (NMT) LLC (Access Industries) and RASMUSSENGRUPPEN, have committed to voting in favour of the proposal. The notice for the EGM to issue to subscription rights for the loans will be issued soon.

For further information, please contact:
Investors: Amit Vithlani at email: cfo@net1.international
Media: Endre Aaberg Johansen at Corporate Communications AS: tel +47 41 61 06 05, email: endre.johansen@corpcom.no

Quantafuel AS (QFUEL) company update

Company news

2019-01-15 22:08:00

Please see attached a Quantafuel AS (QFUEL) company update presented to potential investors in the pre-sounding meetings.
Please note both changes in management and updated financial figures and forecasts.

The Company will revert with further details on the Company’s financials and business before any subscription period for a private placement.


For further information, please contact:

Kjetil Bøhn
CEO
+47 91 57 38 18

Jens Petter Broby
CFO
+47 91 54 32 03

Eiendomsspar og Bane Nor Eiendom inngår samarbeid om parkering

Company news

2019-01-15 20:47:43

Eiendomsspar og Bane Nor Eiendom har inngått avtale om kjøp av Oslo S Parkering AS, gjennom et nyopprettet 50/50 eiet selskap. Bane NOR Eiendom eier allerede 25 % av Oslo S Parkering AS, men vil etter avtalen øke sin eierandel til 50 %. Oslo S Parkering eier parkeringshus ved Oslo Sentralstasjon og Asker togstasjon. Transaksjonen priser brutto eiendomsverdi til ca. 1 milliard kroner. Kjøpet er finansiert med banklån fra Danske Bank til det felleseide selskapet, med pant i eiendommen, på ‘stand alone’-basis.

Oslo Sentralstasjon er Norges mest trafikkerte kollektivknutepunkt med ca. 150.000 besøkende daglig. Parkeringsplassene ved Oslo Sentralstasjon består av 619 p-plasser, hovedsakelig lokalisert i parkeringshus under bakken. Asker togstasjon har i overkant av 10.000 av- og påstigninger per dag og behovet for pendlerparkering er forventet å øke i årene som kommer. Parkeringshuset i Asker består av 546 p-plasser.

For nærmere informasjon se pressemelding eller kontakt:
Morten Austestad, utviklingsdirektør i Bane NOR Eiendom, tlf. +47 97 47 49 83
Christian Ringnes, adm. dir. i Eiendomsspar, tlf. +47 90 59 91 21

Tilbudsdokumentet til Euronext er publisert

Company news

2019-01-14 11:13:25

Euronext N.V. har i dag offentliggjort tilbud om kjøp av alle utestående aksjer i Oslo Børs VPS Holding ASA. Se vedlegg.

Med henvisning til melding av 11. januar 2019 anbefaler styret sterkt at aksjonærene avventer styrets endelige anbefaling før de tar stilling til noe bud.

Offer document from Euronext is published

Company news

2019-01-14 11:11:49

Euronext N.V. has today published the offer document for its tender offer to acquire all issued and outstanding shares of Oslo Børs VPS Holding ASA. The document is enclosed.

Reference is made to the release of 11 January from Oslo Børs VPS. The Board of Directors strongly recommends that shareholders await its final recommendation before taking a position on the tender offer.

Styret avgir sin anbefaling senest innen utgangen av februar

Company news

2019-01-11 14:45:14

Det vises til pressemeldinger av 24. og 28. desember 2018, samt 4. januar 2019 vedr. planlagt bud fra Euronext N.V. på utestående aksjer i Oslo Børs VPS Holding ASA («Oslo Børs VPS»).

Styret i Oslo Børs VPS inviterte 4. januar til en prosess hvor aktørene som er interesserte får muligheten til å komme med bud på aksjene i Oslo Børs VPS. Bakgrunnen for dette var kjennskap til at det også fantes andre relevante aktører enn Euronext som var interesserte, men som ikke deltok i den omtalte auksjonen som var initiert av noen aksjonærer i desember.

Etter invitasjonen har flere interessenter meldt sin interesse. Det er avholdt møter med enkelte av disse og det er avtalt nye møter hvor interessenter møter administrasjonen i Oslo Børs VPS. Styret er i en prosess som har som mål å finne den beste løsningen for aksjonærenes verdier, i tillegg til en god plan for videreutvikling av børsen og verdipapirsentralen i Norge, herunder blant annet kapitaltilgangen til selskapene som benytter seg av markedsplassene til Oslo Børs.

Styret ser at det pågående arbeidet blir omfattende, og tar tid. Det er svært viktige vurderinger som skal gjøres, og styret setter nå opp en tidsplan hvor det vil gi sin vurdering og anbefaling til aksjonærene senest innen utgangen av februar. Styret anbefaler sterkt at aksjonærene avventer styrets endelige anbefaling før de tar stilling til noe bud.

Arctic Securities er engasjert for å bistå styret i arbeidet. Interessenter kan kontakte Jon Gunnar Pedersen på tlf. 484 03 220.



For ytterligere informasjon, kontakt:
Catharina Hellerud, styreleder Oslo Børs VPS, tel. 915 215 22
Bente A. Landsnes, konsernsjef Oslo Børs VPS, tel. 905 50 495

The Board of Directors will issue its recommendation by the end of February at the latest

Company news

2019-01-11 14:43:36

Reference is made to the press releases of 24 and 28 December 2018 and of 4 January 2019 in respect of the tender offer by Euronext N.V. for all the outstanding shares in Oslo Børs VPS Holding ASA (“Oslo Børs VPS”).

On 4 January the Board of Directors of Oslo Børs VPS invited relevant parties that may be interested in the opportunity of making an offer for the shares in Oslo Børs VPS to participate in an offer process. The background to this was the information that there were relevant parties other than Euronext who were interested but who did not participate in the auction in question that was initiated by some shareholders in December.

Following the invitation, a number of parties have expressed interest. Meetings have been held with some of these and new meetings have been agreed for interested parties to meet with the management of Oslo Børs VPS. The Board is engaged in a process the aim of which is to find the optimal solution in terms of shareholder value, in addition to a high-quality plan for the further development of Norway’s stock exchange and central securities depository, including in relation to matters such as the ability of companies that make use of the Oslo Børs marketplaces to access capital.

The Board of Directors can see that the work currently being undertaken will be extensive and will take time. There are very important factors for the Board to consider and it has drawn up a schedule according to which it will provide shareholders with its evaluation and recommendation by the end of February at the latest. The Board of Directors strongly recommends that shareholders await its final recommendation before taking a position on the tender offer.

Arctic Securities has been appointed to assist the Board with its work. Interested parties may contact Jon Gunnar Pedersen on tel. +47 484 03 220.


For further information, please contact:
Catharina Hellerud, Chair of the Board of Directors of Oslo Børs VPS, tel. +47 915 215 22
Bente A. Landsnes, President and CEO of Oslo Børs VPS, tel. +47 905 50 495

2020 Bulkers Ltd (2020 NS) - Status Report

Company news

2019-01-11 14:42:23

Hamilton, Bermuda, 11 January 2019

2020 Bulkers Limited has today published a status report which can be found attached in the N-OTC news system.

About 2020 Bulkers: 2020 Bulkers has 8 Newcastlemax drybulk vessels under construction at New Times Shipyard in China. All vessels will be fitted with exhaust scrubber systems. The vessels are expected to deliver from the yard between September 2019 and May 2020.