BW Offshore: BW Ideol AS – NOK 575 million private placement successfully completed
March 12, 2021 14:42 ET
| Source:
BW Offshore
BW Offshore
Oslo, NORWAY
NOT FOR DISTRIBUTION, RELEASE OR REPUBLICATION, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, RELEASE OR REPUBLICATION WOULD BE UNLAWFUL.
BW Ideol AS – NOK 575 million private placement successfully completed
Oslo, 12 March 2021: Reference is made to the stock exchange announcement by BW Offshore Limited (“BW Offshore”) and BW Ideol AS (the “Company” or “BW Ideol”) on 11 March 2021 regarding BW Ideol’s contemplated private placement of new shares in the Company raising up to approximately NOK 500 million in gross proceeds (the “Private Placement”). The Company is pleased to announce that the Private Placement has been successfully placed.