Workflow
Kaldvik AS - Commencement of subscription period for subsequent offering
Globenewswireยท2025-09-02 08:06

Core Viewpoint - Kaldvik AS is conducting a Subsequent Offering of up to 4,300,000 new shares at a subscription price of NOK 14 per share, aiming to raise gross proceeds of NOK 60,200,000 [2][3]. Offering Details - The subscription period for the Subsequent Offering starts on 2 September 2025 and ends on 16 September 2025 [4]. - The offering is available to shareholders as of 4 June 2025 who meet specific eligibility criteria [5]. - Eligible shareholders will receive 0.16865 Subscription Rights for each existing share held, allowing them to subscribe for new shares at the set price [5]. Subscription Rights and Procedures - Over-subscription and subscription without Subscription Rights are not permitted [6]. - Subscription Rights must be exercised before the expiry of the Subscription Period, or they will lapse without value [8]. - Payment for the Offer Shares is due on 19 September 2025, with trading expected to commence on Euronext Growth Oslo shortly thereafter [9]. Management and Legal Advisory - DNB Carnegie, Arion banki hf., and Nordea Bank Abp are acting as managers for the Subsequent Offering, with Advokatfirmaet Thommessen AS providing legal advice [10].