Hofseth Biocare ASA: Key information relating to the repair

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News Desk 2018
110
Hofseth Biocare ASA: Key information relating to the repair issue


Reference is made to the announcement by Hofseth BioCare ASA on 19 June 2018 concerning, inter alia, a private placement with gross proceeds of up to NOK 140 million (the "Private Placement") and a contemplated NOK 20 million repair issue (the "Repair Issue") with non-tradable subscription rights for eligible shareholders.

Date on which the terms of the Repair Issue was announced: 19 June 2018

Last day including right to receive subscription rights:              18 June 2018
First day excluding right to receive subscription rights:             19 June 2018
Record date:                                                                              20 June 2018
EGM date:                                                                                 Expected to be on or about 16 July 2018
Maximum number of new shares:                                              8,888,889
Subscription price:                                                                      NOK 2.25
Shall the rights be listed:                                                            No

The Repair Issue is conditional upon (i) completion of the Private Placement, (ii) approval of the share capital increase pertaining to the Repair Issue by the extraordinary general meeting, expected to be held on or about 16 July 2018, and (iii) approval and publication of a prospectus regarding, inter alia, the Repair Issue.

This information is published in accordance with the requirements of the Continuing Obligations.

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