Key information relating to the repair issue to be carried out by Pryme B.V.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN, THE UNITED STATES, THE UNITED KINGDOM OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL
Reference is made to the stock exchange announcement by Pryme B.V. ("Pryme" or the "Company") on 7 April 2022 announcing the successful completion of a private placement of new shares in the Company (the "Private Placement") and that the Company is considering to conduct a subsequent repair offering (the "Subsequent Offering") directed towards eligible shareholders.
Date on which the terms and conditions of Subsequent Offering were announced: 7 April 2022
Last day including right: 7 April 2022
Ex-date: 8 April 2022
Record date: 11 April 2022
Date of approval: On or about 2 May 2022
Maximum number of new shares: 3,000,000
Subscription price: NOK 10 per share
Other information:
The Company may, subject to completion of the Private Placement, the preparation and publication of a prospectus as well as prevailing market conditions, resolve to carry out a subsequent repair offering of up to 3,000,000 new shares (the “Subsequent Offering”) at the Offer Price in the Private Placement (NOK 10.00 per share). The Subsequent Offering will be directed towards existing shareholders in the Company as of 7 April 2022 (as registered in the VPS two trading days thereafter), who (i) were not allocated Offer Shares in the Private Placement, and (ii) are not resident in a jurisdiction where such offering would be unlawful or would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action (the "Eligible Shareholders"). The Eligible Shareholders will be granted non-tradable subscription rights. Over-subscription will be permitted for Eligible Shareholders. Subscription without subscription rights in the Subsequent Offering will not be permitted. The subscription period in the Subsequent Offering is expected to commence shortly after publication of a prospectus.
For additional information, please contact:
Pryme Investor relations: ir@pryme-cleantech.com
This information is published in accordance with the requirements of the Continuing Obligations.