NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANYOTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
(Oslo, 15 June 2020) Reference is made to the stock exchange notice from Nel ASA (the "Company") on 15 June 2020, regarding a private placement of up to NOK 1,300 million (the "Private Placement") and a subsequent offering of up to NOK 200m at the same subscription price as in the Private Placement (the "Subsequent Offering").
Date on which the terms and conditions of the Subsequent Offering were announced: 15 June 2020
Last day including right: 15 June 2020
Ex-date: 16 June 2020
Record date: 17 June 2020
Maximum number of new shares: 10,840,109 new shares
Subscription price: NOK 18.45 per share
Other information: The Subsequent Offering is subject to the publication of a prospectus approved by the Norwegian Financial Supervisory Authority. Notwithstanding the foregoing, the board of directors may, in its sole discretion, decide that the Company shall not carry out the Subsequent Offering. This information is published in accordance with the requirements of the Continuing Obligations.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.