Preliminary result after expiry of application period for Share Issue in Interoil Exploration and Production ASA
Interoil Exploration and Production ASA (the “Company”) refers to its previous announcements regarding the Company’s ongoing share issue with gross process of up to NOK 30.4 million at a price per share of NOK 1.20 (the “Share Issue”).
The application period for the Share Issue expired today, 23 April 2021, at 16:30 (CEST).
A preliminary count of applications received during the application period shows that the Company has received applications for shares in the Share Issue corresponding to gross proceeds of approximately NOK 21.4 million.
Allocations of shares in the Share Issue will be made at the discretion of the Company’s Board of Directors and the completion of the Share Issue is conditional upon approval by the Company’s Board of Directors. The Company expects to issue an announcement of the final results of the Share Issue on or about 26 April 2021, following the resolution by the Board of Directors.
The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.
The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or their securities in the United States or to conduct a public offering of securities in the United States.
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This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice.
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