12.10.2020 08:00:01 CEST | Nekkar ASA | Additional regulated information required to be disclosed under the laws of a member state
Kristiansand, October 12, 2020 – The board of directors of industrial technology group Nekkar ASA has approved a private placement of shares in connection with a share program for all employees and board members.
The share program gives the right to subscribe for shares in Nekkar ASA for an amount of up to six months’ remuneration in 2020. The subscription price will be set to the volume-weighted 10 days average trading price in the period up to October 23rd 2020, less 30% as the shares will have a three-year lock-up period.
Subscription of shares will end on October 23rd, 2020. The issue is approved based on a board authorization granted under item 6 at the general meeting of Nekkar ASA on 27 May 2020. In the event of full subscription, the maximum limit for the issue in the share program is 2 million shares, which corresponds to an increase of up to 1.9% of the current shares outstanding.
Nekkar (OSE: NKR) is an industrial technology group offering impact technologies combined with high-end software solutions. The group combines 50 years’ heritage from the world’s number one shiplift company, Syncrolift, with new investments into sustainable, digitalised technology businesses that aim to unlock growth within ocean-based industries such as offshore energy and renewables and aquaculture.
Contact person: Preben Liltved, CEO, M: +47 480 62 691
IR@Nekkar.com
Disclaimer
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
Preben Liltved, CEO, +47 480 62 691, IR@Nekkar.com
About Nekkar ASA
Nekkar (OSE: NKR) is an industrial technology group offering impact technologies combined with high-end software solutions. The group combines 50 years’ heritage from the world’s number one ship lift company, Syncrolift, with new investments into sustainable, digitalised technology businesses that aim to unlock growth within ocean-based industries such as offshore energy and renewables, and aquaculture.
The company is listed on Oslo Stock Exchange (until 2 August 2019 as TTS Group ASA)
