Shares sold at NOK 3.00 through managers SEB, Pareto, First Securities
By Devika Patel
Knoxville, Tenn., Oct. 18 - Dolphin Group ASA said it completed the bookbuilding process for a NOK 195 million private placement of stock with joint lead managers SEB Enskilda, Pareto Securities and First Securities.
The company will sell 65 million shares at NOK 3.00 apiece. Of the shares, 59,176,000 will be issued under existing authorization and the remaining 5,824,000 shares will be issued following a vote at an extraordinary general meeting on Nov. 10.
The company also plans a subsequent offering of up to NOK 23 million at the same price per share.
Based in Oslo, Dolphin is an information technology company.
| Issuer: | Dolphin Group ASA
|
| Issue: | Stock
|
| Amount: | NOK 195 million
|
| Shares: | 65 million
|
| Price: | NOK 3.00
|
| Warrants: | No
|
| Managers: | SEB Enskilda, Pareto Securities and First Securities (leads)
|
| Settlement date: | Oct. 18
|
| Stock symbol: | Oslo: DOLP
|
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