NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL
ABG Sundal Collier ASA (the "Manager") has been retained by BKK AS (“BKK”) to explore the sale of up to 7,933,066 existing shares in Fjordkraft Holding ASA (the “Company” or "Fjordkraft"), representing 6.94% of the share capital in the Company (the "Placing"). The Placing is to be conducted as an accelerated bookbuilding process.
The bookbuilding process will commence immediately following the publication of this announcement and may be closed at short notice at the full discretion of the Manager. A further announcement will be made following pricing of the shares in the Placing. BKK reserves the right, at its own discretion, to sell fewer shares or no shares at all.
BKK currently holds 7,933,066 shares in the Company, representing 6.94% of the share capital in the Company, and assuming all shares offered in the Placing are sold, BKK will no longer hold any shares in Fjordkraft. Birthe Iren Grotle, an employee of BKK, is a member of the board of directors in Fjordkraft.
For further information, please contact:
ABG Sundal Collier: +47 22 01 60 11