Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 9 August 2017

EAM Solar ASA : Share capital increase

EAM Solar ASA    

Published: 11:45 CEST 09-08-2017 /GlobeNewswire /Source: EAM Solar ASA / : EAM /ISIN: NO0010607781

EAM Solar ASA : Share capital increase

NOT  FOR  DISTRIBUTION  OR  RELEASE,  DIRECTLY  OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS  TERRITORIES AND POSSESSIONS, ANY STATE OF  THE UNITED STATES OF AMERICA AND THE  DISTRICT OF COLUMBIA) (THE "UNITED STATES"), AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
 
 
SHARE CAPITAL INCREASE
 
Reference is made to the announcement by EAM Solar ASA (the "Company") on 8 August 2017 regarding the general meeting's approval of the issuance of 532,210 shares in the Company to EAM Solar Park Management AS, each with a nominal value of NOK 10 at a subscription price of NOK 32.762228 per share (the "Consideration Shares").
 
The share capital increase pertaining to the Consideration Shares has now been registered with the Norwegian Register of Business Enterprises.
 
The Company's share capital has consequently increased with NOK 5,322,100 to NOK 56,022,100. The Company's new registered share capital after the registration of the new shares is NOK 56,022,100 divided into 5,602,210 shares, each with a nominal value of NOK 10.
 
For further queries, please contact:
Viktor E. Jakobsen, CEO, phone +47 9161 1009, viktor@eam.no.
 
 
About EAM Solar: EAM Solar is a utility company that acquires and operates solar power  plants. The Company currently owns solar PV power plants in Italy. The plants are operating under long-term sales contracts.
 
This  information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
 
 
IMORTANT INFORMATION:
 
This announcement is not an offer to sell or a solicitation of offers to purchase or subscribe for securities of EAM Solar ASA. This announcement is not a prospectus for the purposes of Directive 2003/71/EC (as amended, together with any applicable implementing measures in any Member State, the "Prospectus Directive"). Copies of this announcement may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. A decision to invest in securities of EAM Solar ASA referred to in this announcement should be based exclusively on the prospectus published by EAM Solar ASA for such purpose.
 
This announcement and the information contained herein is not for publication or distribution into the United States of America and should not be distributed or otherwise transmitted into the United States or publications with a general circulation in the United States. This announcement does not constitute an offer or invitation to subscribe for or to purchase any securities in the United States of America. The new shares referred to herein have not been and will not be registered under the Securities Act or the laws of any state and may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). There will be no public offering of the new shares in the United States of America.
 
The information contained herein does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. This announcement is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons").
 
The new shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Shares will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents.
 
Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented Prospectus Directive is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive.
 
This publication may contain specific forward-looking statements, e.g. statements including terms like "believe," "assume," "expect," "forecast," "project," "may," "could," "might," "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of EAM Solar ASA and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward- looking statements. EAM Solar ASA assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: EAM Solar ASA, Dronningen 1, Oslo 0287, Norway
If you would like to unsubscribe and stop receiving these e-mails click here.