Key information relating to the potential repair issue to be carried out by Nordic Unmanned ASA

8.12.2022 00:00:54 CET | Nordic Unmanned | Additional regulated information required to be disclosed under the laws of a member state
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN CANADA, JAPAN, AUSTRALIA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. 
Reference is made to the stock exchange announcement published on 7 December 2022 by Nordic Unmanned ASA (“Nordic Unmanned” or the “Company”) (ticker: NUMND) announcing the successfully placed private placement of new shares in the Company, with gross proceeds of approximately NOK 70 million (the “Private Placement”), and that the Company is considering to conduct a subsequent offering of up to 11,666,666 new shares directed towards eligible shareholders (the “Subsequent Offering”). 
Key information: 
Date on which the terms and conditions of the repair issue were announced: 7 December 2022 
Last day including right: 7 December 2022 
Ex-date: 8 December 2022 
Record date: 9 December 2022 
Date of approval: EGM expected on or about 22 December 2022
Maximum number of new shares: 11,666,666
Subscription price: NOK 6 per share 
Other information: The Subsequent Offering is conditional on, inter alia, the Company’s general meeting granting the Board with an authorisation to carry out the Subsequent Offering and the Board resolving to carry out the Subsequent Offering. Launch of a Subsequent Offering, if carried out, may also be contingent on publishing of a prospectus. Further description of the Subsequent Offering and the terms and other circumstances that must be taken into consideration when subscribing for shares will be announced later. Notwithstanding the foregoing, the Company’s Board may, in its sole discretion, decide that the Company shall not carry out the Subsequent Offering, for example if the prevailing market price of the Company’s share trade lower than the subscription price, thereby making a subsequent offering redundant. 
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts

Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com

Trond Østerhus, CFO, +47 95 99 08 79, to@nordicunmanned.com

About Nordic Unmanned
Nordic Unmanned is the leading European operator and service provider of high-end drones and data capture, supporting governments and industrials with own and third-party IP. 
Founded in 2014, the Group has offices in Sandnes, Molde, Odense (DK), Cranfield (UK), Hasselt (BE), Arnsberg (GER) and Baltimore (US) and has become one of the leading providers of unmanned systems and services, with operations across Europe. Nordic Unmanned has one of the world’s most comprehensive permits to fly beyond visual line of sight (BVLOS), through the EASA approved Light UAS operator Certificate (LUC). The Group owns proprietary technology and is OEM for the drone products Staaker, AirRobot and DroneMatrix, in addition to being a distributor of unmanned aerial systems produced by Lockheed Martin, Textron and Sky-Hero. Its subsidiary Ecoxy is a Nordic leader in measurement, reporting and verification of maritime and industrial emissions. Group companies are ISO 9001-2015 and AS9100 certified for the operation, maintenance, sale, design, development, and production of unmanned systems and sensor technology. 
For more information visit – https://nordicunmanned.com/

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