Du är här

2014-05-23

EMS Seven Seas ASA : Amended share issue proposal unanimously approved at AGM

Reference is made to EMS Seven Seas ASA's stock exchange release on 19 May
2014 regarding the proposed amendments to the proposed share issue announced
30 April 2014. The company's annual general meeting held 22 May 2014
unanimously resolved the proposed amendments.

The amendments to the share issue relate to:

* The record date is moved from 27 May 2014 to 25 September 2014
* If a mandatory offer is announced in accordance with the Norwegian
Securities Trading Act section 6-8 within the end of 19 September 2014,
with a minimum purchase price per share of NOK 5, the record date shall be
the second trading day on Oslo Børs after settlement of such mandatory
offer is completed in accordance with the Norwegian Securities Trading Act
section 6-10 (8)
* The subscription period which initially was set to commence on 30 May 2014
and end at 16:30 (CET) on 13 June 2014 will commence on 29 September 2014
and end at 16:30 (CET) on 13 October 2014
* If a mandatory offer is announced in accordance with the Norwegian
Securities Trading Act section 6-8 within the end of 19 September 2014,
with a minimum purchase price per share of NOK 5, the subscription period
shall commence on the eighth trading day on Oslo Børs after settlement of
such mandatory offer is completed in accordance with the Norwegian
Securities Trading Act section 6-10 (8) and end at 16:30 (CET) two weeks
thereafter
* The date of payment of the share consideration is moved from 19 June 2014
to 21 October 2014, or the fourth trading day on Oslo Børs after the expiry
of the subscription period if the subscription period is postponed

For further information, please contact:

Toril Eidesvik
Chief Executive Officer
Telephone: +47 90 07 82 18

Ole Anton Gulsvik
Chief Financial Officer
Telephone: +47 99 56 85 20

This information is subject of 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: EMS Seven Seas ASA via Globenewswire

HUG#1788169

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.