Selskapsmeldinger

GCMC Ltd. – conversion of bonds to shares

Company news

2018-11-16 15:01:33

Reference is made to information given on 8 November 2018 regarding Golden Close Maritime Corp. (the "Company") having exercised the Share Settlement Option Notice in accordance with section 10.3 of the bond loan agreement.

The effective date for the conversion of all the bonds to shares will be 26 November 2018.


Contact persons for further information are:

Stig Straus-Olsen, Finance Manager GCMC Ltd
slst@odfjelldrilling.com

Wikborg Rein Advokatfirma AS, counsel to the Company's manager
Attn.: Erik Leganger
ele@wr.no

16 November 2018
Golden Close Maritime Corp. Ltd.

Victoria Eiendom - regnskap 3. kvartal 2018

Company news

2018-11-16 14:13:32

Victoria Eiendom sitt resultat før skattekostnad per 3. kvartal 2018 ble ble kr 1.219,0 mill., mot kr 545,4 mill. for tilsvarende periode i 2017. Økningen skyldes i hovedsak salgsgevinst fra salget av Karl Johans gate 16B og Kongens gate 31, som ble gjennomført i 2. kvartal.

Eiendomsspar - regnskap 3. kvartal 2018

Company news

2018-11-16 14:02:41

Eiendomsspar sitt resultat før skattekostnad per 3. kvartal 2018 ble kr 895,9 mill., mot kr 872,5 mill. for tilsvarende periode i 2017. Økningen skyldes i hovedsak lavere rehabiliteringskostnader så langt i 2018 og økte leieinntekter, sammenlignet med foregående år.

GoodBulk Ltd. (N-OTC: BULK) Announces Delivery of Supramax Vessel To Its New Owners

Company news

2018-11-16 08:45:15

Hamilton, Bermuda – (16 November 2018) – GoodBulk Ltd. (“GoodBulk” or the “Company”) today announces that on 15 November 2018 it delivered the M/V Aquapride, a 2012 built Supramax vessel of 61,465 dwt built by Imabari, JPN, to its new owners pursuant to the sale agreement dated 9 July 2018.

The M/V Aquapride was acquired by GoodBulk for a total consideration of $17.0 million and was sold for $20 million, contributing net profit from operations of approximately $2.6 million between being delivered into the Company’s fleet on 1 June 2017 and delivering to the vessel’s new owners on 15 November 2018, resulting in a levered IRR of 51.3%.



About GoodBulk Ltd.
GoodBulk, incorporated in Bermuda and headquartered in Monaco, is an owner and operator of dry bulk vessels formed in October 2016 for the purpose of owning high quality second hand dry bulk vessels between 50,000–210,000 dwt. Upon completion of the announced acquisitions and dispositions, GoodBulk will control a fleet of twenty-seven dry bulk vessels, including twenty-five Capesize vessels, one Panamax vessel, and one Supramax vessel. Designed to provide an efficient company for investors to access the dry bulk market, all vessels are externally managed by C Transport Maritime S.A.M. a leading third-party manager of dry bulk vessels. GoodBulk is listed on the Norwegian OTC market under the symbol “BULK.”

Company Contact
Andrew Garcia
President and Director
GoodBulk Ltd.
Tel +377 97 98 59 87
Email ag@goodbulk.com

2020: 2020 Bulkers Ltd - Private Placement

Company news

2018-11-16 00:24:14

Hamilton, Bermuda, 19 November 2018

2020 Bulkers Ltd has conducted a private placement of 736,843 new shares, each at a subscription price of USD 9.50 per share, raising net proceeds of USD 7 million. Subsequent to the closing of the private placement, 2020 Bulkers Ltd has 13,313,012 shares outstanding

The proceeds from the private placement will be used towards yard instalments for the 8 Newcastlemax vessels currently under construction at New Times Shipyard in China, as well as for general corporate purposes.

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.

KCC: Klaveness Combination Carriers AS extends contract of affreightment with South32 Marketing Pte Ltd

Company news

2018-11-15 15:37:54

Oslo, 15 November 2018: A subsidiary of Klaveness Combination Carriers AS (“KCC”) has today signed an agreement with South32 Marketing Pte Ltd extending the current Contract of affreightment (COA) for shipments of caustic soda to Worsley Alumina Pty Ltd, South32’s alumina refinery located in Western Australia. Through this agreement the term of the COA is extended by three years from January 2019 to December 2021 with two one-year extension options.

KCC’s Managing Director Engebret Dahm comments: " We are proud to continue servicing South32 with our CABU and CLEANBU combination carriers for another 3-5 years providing the most efficient and environmentally friendly shipping solution for Worsley Alumina’s caustic soda import to Australia. Klaveness/KCC has serviced Worsley with its combination carriers on a continued basis for close to 30 years and we look forward to expand and further strengthen our valued relationship with South32 and Worsley in the years to come.”

Ice Scandinavia - Quarterly Report Q3 2018

Company news

2018-11-15 09:09:33

Service revenues in the third quarter 2018 increased by 21% for the Ice Scandinavia and 30% for Norway compared with the third quarter last year. EBITDA in the third quarter improved by 35% for Ice Scandinavia and 35% for Norway, reflecting higher on-net traffic and thereby lower NRA-costs and temporarily lower SAC in the third quarter this year.

As an effect of the smartphone network build-out in Norway reaching 83% population coverage in the third quarter, the average smartphone data on-net traffic share increased to 59% in the third quarter 2018, up from 24% in the same quarter last year and up from 55% in the second quarter 2018. The average data on-net share for September 2018 alone reached 63%.

Both the smartphone ARPU and the blended ARPU (smartphone and mobile broadband) increased in the third quarter 2018 versus both the corresponding quarter last year and the second quarter 2018.

Churn showed a significant reduction in the third quarter 2018 versus the corresponding quarter last year, but increased somewhat from the second quarter 2018, primarily due to a strategic decision to reduce investments in the retail sales channel during the third quarter in order to strengthen sales through the company’s own channels.

According to Nkom statistics, ice in Norway had 7.4% share of the mobile telephony market (based on number of subscriptions) as of 30 June 2018. Subscriber growth has continued in the third quarter.

Ice Group AS - EGM notice (ICE)

Company news

2018-11-15 07:21:42

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.

15 November 2018 - The Ice Group AS board of directors calls for an extraordinary general meeting to be held on 22 November 2018 at 10:00 (CET) at Advokatfirmaet BA-HR's premises at Tjuvholmen Allé 16 in Oslo, Norway.

Please find enclosed the full EGM notice.


For further queries, please contact:
Investors: Henning Karlsrud, CFO of Ice Group, +47 930 45 389
Media: Endre Aaberg Johansen, Corporate Communications AS, +47 41 61 06 05, email: endre.johansen@corpcom.no


About Ice Group AS
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.. In 2017, Ice Group had revenues of approximately NOK 1.35 billion. 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), UBS Limited, Carnegie AS and Pareto Securities AS (the “Joint Bookrunners”) 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.

Any offering of the securities referred to in this announcement will be made by means of a prospectus. 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 prospectus to be prepared by the Company pursuant to the Prospectus Directive and approved by the competent authority in Norway can, following publication, be obtained on the Company's website, subject to regulatory restrictions, and will be available from the Company's registered office. Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the Prospectus. Before purchasing any Shares, persons viewing this announcement should ensure that they fully understand and accept the risks set out in the aforementioned prospectus. 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 other than Norway, 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 Bookrunners 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 Offering. 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 Offering cannot be relied upon as a guide to future performance. There is no guarantee that the listing on Oslo Børs will occur and you should not base your financial decisions on the Company's intentions in relation to the listing at this stage. Potential investors should consult a professional advisor as to the suitability of the Offering for the entity concerned. UBS Limited is authorised by the Prudential Regulation Authority ("PRA") and regulated by the PRA and the Financial Conduct Authority ("FCA") and DNB Markets (a part of DNB Bank ASA), Carnegie AS and Pareto Securities AS are authorised and regulated by the Financial Supervisory Authority of Norway (the "Norwegian FSA").

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

In connection with the Offering, the Joint Bookrunners and any of their affiliates, acting as investors for their own account, may subscribe for or purchase shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts such shares and other securities of the Company or related investments in connection with the contemplated IPO or otherwise. Accordingly, references in any prospectus, if published, to the shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, such Joint Bookrunners and any of their affiliates acting as investors for their own accounts. The Joint Bookrunners do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

Ice Group AS - Quarterly report Q3 2018 (ICE)

Company news

2018-11-15 07:08:49

Service revenues in the third quarter 2018 increased by 21% for the Ice Scandinavia and 30% for Norway compared with the third quarter last year. EBITDA in the third quarter improved by 35% for Ice Scandinavia and 35% for Norway, reflecting higher on-net traffic and thereby lower NRA-costs and temporarily lower SAC in the third quarter this year.

As an effect of the smartphone network build-out in Norway reaching 83% population coverage in the third quarter, the average smartphone data on-net traffic share increased to 59% in the third quarter 2018, up from 24% in the same quarter last year and up from 55% in the second quarter 2018. The average data on-net share for September 2018 alone reached 63%.

Both the smartphone ARPU and the blended ARPU (smartphone and mobile broadband) increased in the third quarter 2018 versus both the corresponding quarter last year and the second quarter 2018.

Churn showed a significant reduction in the third quarter 2018 versus the corresponding quarter last year, but increased somewhat from the second quarter 2018, primarily due to a strategic decision to reduce investments in the retail sales channel during the third quarter in order to strengthen sales through the company’s own channels.

According to Nkom statistics, ice in Norway had 7.4% share of the mobile telephony market (based on number of subscriptions) as of 30 June 2018. Subscriber growth has continued in the third quarter.

Ice Groupi AS: Ice Group intends to apply for a listing on Oslo Børs

Company news

2018-11-15 07:01:06

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, 15 November 2018: Ice Group AS (“Ice Group” or the “Company”) today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares and to apply for a listing on Oslo Børs.

See enclosed PDF for the full ‘intention to float’ announcement.


For further queries, please contact:
Investors: Henning Karlsrud, CFO of Ice Group, +47 930 45 389
Media: Endre Aaberg Johansen, Corporate Communications AS, +47 41 61 06 05, email: endre.johansen@corpcom.no


About Ice Group AS
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.. In 2017, Ice Group had revenues of approximately NOK 1.35 billion. 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), UBS Limited, Carnegie AS and Pareto Securities AS (the “Joint Bookrunners”) 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.

Any offering of the securities referred to in this announcement will be made by means of a prospectus. 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 prospectus to be prepared by the Company pursuant to the Prospectus Directive and approved by the competent authority in Norway can, following publication, be obtained on the Company's website, subject to regulatory restrictions, and will be available from the Company's registered office. Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the Prospectus. Before purchasing any Shares, persons viewing this announcement should ensure that they fully understand and accept the risks set out in the aforementioned prospectus. 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 other than Norway, 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 Bookrunners 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 Offering. 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 Offering cannot be relied upon as a guide to future performance. There is no guarantee that the listing on Oslo Børs will occur and you should not base your financial decisions on the Company's intentions in relation to the listing at this stage. Potential investors should consult a professional advisor as to the suitability of the Offering for the entity concerned. UBS Limited is authorised by the Prudential Regulation Authority ("PRA") and regulated by the PRA and the Financial Conduct Authority ("FCA") and DNB Markets (a part of DNB Bank ASA), Carnegie AS and Pareto Securities AS are authorised and regulated by the Financial Supervisory Authority of Norway (the "Norwegian FSA").

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

In connection with the Offering, the Joint Bookrunners and any of their affiliates, acting as investors for their own account, may subscribe for or purchase shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts such shares and other securities of the Company or related investments in connection with the contemplated IPO or otherwise. Accordingly, references in any prospectus, if published, to the shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, such Joint Bookrunners and any of their affiliates acting as investors for their own accounts. The Joint Bookrunners do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

Endring av aksje: Golden Close Maritime Corp Ltd (GCMC)

Corporate actions

2018-11-14 12:09:54

Det er foretatt endringer i Golden Close Maritime Corp Ltd (ISIN:BMG4026X1020, ticker GCMC). Aksjebeholdningen er øket fra 2 286 347 til 4 638 745.

Avenir LNG Limited - Private Placement Successfully Completed

Company news

2018-11-13 18:00:02

Bermuda, 13 November 2018 - Reference is made to the stock exchange release on 1 October 2018 where Stolt-Nielsen Limited, Golar LNG Limited and Höegh LNG Holdings Limited (collectively the 'Sponsors') announced a combined investment commitment of USD 182 million in Avenir LNG Ltd ('Avenir' or the 'Company') and a contemplated subsequent equity raise in the Company (the 'Private Placement'). The investment will be contributed as cash and equity-in-kind and will partly fund the construction of four 7,500cbm small-scale LNG carriers currently under construction at Keppel Singmarine in Nantong, China, two 20,000cbm small-scale LNG carriers on order from Sinopacific Offshore Engineering in Nantong, China and 80% ownership in an LNG terminal and distribution facility under development in the Italian port of Oristano, Sardinia.

Avenir LNG has the ambition to become the leading provider of small scale LNG for the Power, Bunkering, Trucking and Industrial markets through supplying low-cost LNG using innovative technology and leveraging from its Sponsors' know-how and existing LNG infrastructure.

The Company is pleased to announce that the first step in the capitalisation of Avenir, a Private Placement of 110,000,000 new shares (the 'Offer Shares') at a par price of USD 1.00 per share, which has now been successfully completed at a subscription price of USD 1.00 per share.

This placement was split in two tranches. Tranche A consisted of 99,000,000 new shares that were subscribed for by Stolt-Nielsen Ltd (through Stolt-Nielsen LNG Holdings Ltd.), (49,500,000 Shares), Golar LNG Limited (24,750,000 Shares) and Höegh LNG Holdings Ltd (24,750,000 Shares). This Tranche has closed.

Tranche B consisted of 11,000,000 new shares and was placed with a group of institutional and other professional investors on 8 November. Tranche B will close today, 13 November 2018.

The Company will, once Tranche B is closed, have an issued share capital of USD 110,000,000 divided into 110,000,000 common shares, each with a nominal value of USD 1.00. Stolt-Nielsen LNG Holdings Ltd. will hold 45% of the shares, each of Golar LNG Limited and Höegh LNG Holdings Limited will hold 22.5% while the remainder will be initially held by the subscribers in Tranche B.

The Company's shares will be listed on the N-OTC list with effect from 14 November 2018.

Clarksons Platou Securities AS, Danske Bank Norwegian branch, DNB Markets, a part of DNB Bank ASA, Fearnley Securities AS, Nordea Bank Abp. Filial Norge, Pareto Securities AS, Swedbank Norge, branch of Swedbank AB (Publ.) in cooperation with Kepler Cheuvreux and Skandinaviska Enskilda Banken AB (publ.) (Oslo Branch) acted as managers in the Private Placement.

About Avenir LNG Limited:

Avenir LNG Limited is a Bermuda registered company established for the purpose of developing the small scale global LNG market by sourcing, shipping, storing and distributing LNG to the end customer in areas of stranded demand.

FORWARD LOOKING STATEMENTS

This press release contains certain forward-looking statements concerning future events and Golar's operations, performance and financial condition. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe", "anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result", "plan", "intend" or words or phrases of similar meanings. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond Golar's control. Actual results may differ materially from those expressed or implied by such forward-looking statements.  Important factors that could cause actual results to differ materially include, but are not limited to, those factors listed from time to time in the reports and other documents Golar files with the United States Securities and Exchange Commission.  

New factors emerge from time to time, and it is not possible for Golar to predict all of these factors. Further, Golar cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. Golar does not intend to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Golar's expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based.

Hamilton, Bermuda

November 13, 2018

Enquiries:

Golar Management Limited: + 44 207 063 7900

Graham Robjohns

Stuart Buchanan

Eqology

Company news

2018-11-13 17:30:51

Eqology AS
Lilleakerveien 2B
0283 Oslo
Organisasjonsnummer Eqology AS: 895862312




Kvartalsoppdatering Eqology AS 3. kvartal 2018


Omsetningen til Eqology AS har økt fra MNOK 34,5 i 3. kvartal 2017 til MNOK 40,3 i 3. kvartal 2018. Dette tilsvarer en økning på MNOK 5,8 som er en økning på 16,64%.

Eqology AS aktive kundebase (abonnenter), har økt med 29,93% fra utgangen av 3 kvartal 2017, sammenlignet mot utgangen av 3 kvartal 2018. Kundetilfredsheten har også økt i 2018 og selskapet beholder kundene i et lengere perspektiv.

Selskapet har god kostnadskontroll og vi er tilfreds med både topplinje og bunnlinje.


Børre Gjersvik
CEO

Eqology

Company news

2018-11-13 17:17:45

Kvartalsoppdatering Eqology AS 3. kvartal 2018

INDEPENDENT OIL & RESOURCES PLC - IOTA

Company news

2018-11-13 16:49:39

Information – Rights Issue in Independent Oil & Resources PLC

There will be carried out a Rights Issue in Independent Oil & Resources PLC (“the Company”). The background for the rights issue is to strengthen the Company’s financial options, so that the Company is able to act quickly in order to be able to take advantage of commercial options by acquiring other companies or assets within the company’s main business area against a consideration consisting wholly or partly in shares in the company, and to support current investments.

The Rights Issue comprises an offering of up to 10 000 000 new shares, with a subscription price of
NOK 2,50 per share. The Board has decided not to engage any broker house for the Rights Issue, but will carry out the Rights Issue itself.

The invitation for this Rights Issue is sent to the 149 largest shareholders in the company as of 13. November 2018. The Subscription Period in the Offering will last from and including 13. November 2018 to and including 30. November 2018. The book will close at 17:30 hours (Cyprus time) on 30. November 2018 after which no further orders will be accepted.

All shareholders who have received this invitation are invited to actively consider whether they would like to subscribe for New Shares.

Allocation of New Shares will be based on the number of shares subscribed. In case of over-subscription, allocation will be determined based on a pro rata basis based on the number of shares held by the shareholder prior to the Offering.

No Prospectus has been prepared for this Offering as the number of invited investors do not exceed 150. Latest financial reports for the Company can be found at www.independentresources.eu. No major subsequent events since last reporting.

For Subscription, please notify the Company within the closing date either by fax +357 25 356 500 or by email to info@independentresources.eu


Sincerely
Independent Oil & Resources PLC
Jan Egil Moe, Chair
(Sign.)

AVENIR: Avenir LNG Limited is registered on the NOTC-list

Company news

2018-11-13 16:43:22

Avenir LNG Limited is registered on the NOTC-list as of 14 November 2018 with ticker code “AVENIR”. The company has issued 110,000,000 shares each with a par value USD 1.00, all of which are registered in the VPS with ISIN code BMG0716Y1030. Based on the issue price of USD 1.00 (equivalent to NOK 8.13/share), the market capitalization is USD 110 million (equivalent to NOK 894,300,000). The company has entered into an agreement whereby it will be able to use the reporting system as from 14 November 2018.

Avenir LNG is an emerging leader in small-scale LNG logistics for the power, bunkering, trucking and industrials markets, drawing on the expertise from of Stolt-Nielsen Limited's ("Stolt-Nielsen") logistics capabilities and Hoegh LNG Holdings Ltd.'s ("Hoegh LNG") and Golar LNG Limited's ("Golar LNG") experience in LNG carriers, FSRUs and FLNGs.

Ny aksje: Avenir LNG Limited (AVENIR)

Corporate actions

2018-11-13 16:35:02

Avenir LNG Limited (ISIN:BMG0716Y1030, ticker AVENIR) er lagt inn i handelsstøttesystemet

Navios Maritime Containers Inc. - Navios Maritime Partners L.P.’s Planned Distribution of Navios Containers Equity

Company news

2018-11-13 14:27:30

This press release was issued on November 13, 2018.

DOF INSTALLER ASA - Interim Financial Report Q3 2018

Company news

2018-11-13 12:27:00

Please find enclosed the Interim Financial Report for DOF Installer ASA for Q3 2018.

For further information, please contact:
Mons S. Aase, Chairman - Tel: +47 91 66 10 12

INDEPENDENT OIL& RESOURCES PLC- IOTA

Company news

2018-11-13 12:05:03

Refer to the notice on the 22nd October 2018 regarding the calling up notice and agenda for the Extraordinary General Meeting of Independent Oil & Resources Plc.

The meeting has been completed and all items on the agenda have been approved