(Oslo, 28 February 2017) Reference is made to announcement by Nel ASA (the "Company" or "NEL") on 27 February 2017 concerning a private placement of new shares and a subsequent offering with non-tradable subscription rights for eligible shareholders.
Date on which the terms of the subsequent offering was announced: | 27 February 2017 |
Last day including right to receive subscription rights: | 27 February 2017 |
First day excluding right to receive subscription rights: | 28 February 2017 |
Record date: | 1 March 2017 |
Maximum number of new shares in the subsequent offering: | 10,000,000 |
Subscription price: | NOK 2.72 |
Shall the rights be listed: | NO |