Publication of the prospectus and start of the application period for the issuance of shares in Interoil Exploration and Production ASA
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Oslo, June 16, 2022
Interoil Exploration and Production ASA (the “Company”) refers to the announcement issued on June 14, 2022 in which the Company announced an intended share issue with gross proceeds of up to NOK 30,000,000 (the “Share Issue”). ‘shares’). The issue of shares is intended for Norwegian investors and international institutional investors in accordance with applicable exemptions from applicable registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The share issue includes the issue of up to 23,076,923 new shares of the Company at a subscription price of NOK 1.30 per share. The minimum subscription amount for the issue of shares is NOK 10,000.
The Company has today published a national prospectus registered in Norway (the “Prospectus”), providing further details of the Company and the Issue of Shares. The Prospectus and an application form are attached hereto. Both documents are also available on the Company’s website at the following link:
Norwegian investors with access to VPS investor services can also access the Prospectus and submit applications online using the following link:
The application period for the issuance of shares begins today, June 16, 2022, at 09:00 a.m. (CEST) and will end on July 1, 2022, at 4:30 p.m. (CEST). The Company reserves the right to close or extend the application period at any time, at its sole discretion, on short notice. Further details are provided in the Prospectus.
Allotments of shares under the share issue will be made at the discretion of the Company’s board of directors and completion of the share issue is subject to the approval of the board of directors of the society.
Further information regarding the Issue of Shares and its terms is included in the Prospectus.
The company will broadcast a webinar for investors today at 2:00 p.m. (CEST). The presentation material is available below and on the Company’s website. To participate in the online event, please register via the following link:
The distribution of this announcement and other information may be restricted by law in certain jurisdictions. No copy of this announcement is being made and may not be distributed or sent to any jurisdiction in which such distribution would be unlawful or would require registration or other action. Persons in possession of this announcement or such other information are responsible for informing themselves of and observing these restrictions.
The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and, therefore, may not be offered or sold in the United States absent registration or applicable authorization. exemption from the registration requirements of the Securities Act and in accordance with applicable United States securities laws. The Company does not intend to register any part of the offering or its securities in the United States or to make a public offering of securities in the United States.
This communication is only being distributed and is directed only to persons in the United Kingdom who are (i) investment professionals falling within section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) property entities and other persons to whom this announcement may lawfully be communicated, falling within section 49(2)(a) to (d) of the Order (all such persons being referred to together as “data subjects”). This communication should not be exploited or relied upon by persons who are not data subjects. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will only be engaged in with Relevant Persons. Persons distributing this communication should ensure that it is legal to do so.
This announcement is for informational purposes only and should not be relied upon as a substitute for the exercise of independent judgment. This is not investment advice. This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on prospectuses to be published when securities are offered to the public or admitted to trading on a market regulated and repealing Directive 2003/71/EC (as amended) as implemented in any Member State.
Please direct any further questions to: [email protected]
This information is subject to the disclosure requirements of Section 5-12 of the Norwegian Securities Act.