New Issue: Fara wraps NOK 46.64 million private placement of stock via manager SEB Enskilda

By Devika Patel

Knoxville, Tenn., April 27 - Fara ASA said it took in NOK 46.64 million in a private placement of shares.

The company sold 46,635,000 shares at NOK 1.00 per share.

The placement was managed by SEB Enskilda AS.

Based in Trondheim, Norway, Fara supplies and technology to the public transport sector.

Issuer:	Fara ASA
Issue:	Stock
Amount:	NOK 46,635,000
Shares:	46,635,000
Price:	NOK 1.00
Warrants:	No
Manager:	SEB Enskilda AS
Settlement date:	April 27
Stock symbol:	Oslo: FARA

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