Hofseth Biocare ASA: SHARE CAPITAL INCREASE REGISTERED
May 06 2016 - 9:06AM
Reference is made to the
stock exchange notice published on 22 April 2016 regarding the
completion of a private placement with gross proceeds of NOK 23.6
million (the "Private Placement").
The share capital increase
related to the Private Placement has now been registered with the
Norwegian Register of Business Enterprises.
The share capital has been
increased with NOK 11,800,000 through issuance of a corresponding
amount of new shares. The new share capital is thus NOK 122,209,566
divided by 122,209,566 shares, each with a par value of NOK
1.
The new shares will be
listed with and become tradable on Oslo Axess as soon as possible
after a listing prospectus has been approved by the Norwegian
Financial Supervisory Authority. The new shares will be temporarily
issued on a separate ISIN and will not be tradable until the
abovementioned listing prospectus has been approved.
For further information,
please contact:
Jon Olav Ødegård, CEO
Hofseth BioCare ASA
Tel +47 936 32 966
E-mail:
joo@hofsethbiocare.no
About Hofseth BioCare:
HBC is a Norwegian biotech
company that offers high-value ingredients and finished products
for humans and pets. The company is founded on the core values of
sustainability, traceability and optimal utilization of natural
resources. Through an innovative hydrolysis technology, HBC is able
to preserve the quality of salmon oil, proteins and calcium,
prepared of fresh salmon off-cuts. HBC's
objective is to contribute to the efficient use of marine resources
and deliver quality products for ingredients and finished consumer
products in the nutrition market.
This information is subject
to the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Hofseth Biocare ASA via Globenewswire
HUG#2010327