With reference to the final result of the Rights Issue and Private Placement in \nAqualisBraemar ASA (the “Company”) which was announced 9 July 2019, the \nfollowing primary insider have in addition been allocated offer shares at a \nsubscription price of NOK 3.96 in accordance with allocation principles set out \nin the prospectus dated 21 June 2019 (the “Prospectus”): Allocations in the \nPrivate Placement: \n \n<\/p>\n\n\n\n
Santosh George, Group QHSE Director, has been allocated 56,362 offer shares, of \nwhich 41,362 is based on the number of subscription rights allocated to him and \n15,000 is based on over-subscription. Following the issuance of the new shares \nin the Rights Issue, Santosh George and his close associates will own 253 325 \nshares in the Company. \n \n<\/p>\n\n\n\n
This announcement may not be distributed or sent into the United States or any \nother jurisdiction in which such distribution would be unlawful or would require \nregistration or other measures. These materials are not an offer for sale of \nsecurities in the United States or any other country. The securities referred to \nherein have not been registered under the U.S. Securities Act of 1933, as \namended (the “U.S. Securities Act”), and may not be sold in the United States \nabsent registration or pursuant to an exemption from registration under the U.S. \nSecurities Act. The Company does not intend to register any portion of the \noffering of the securities in the United States or to conduct a public offering \nof the securities in the United States.\n \n\n\n<\/p>\n\n\n\n
For further information, please contact:\n<\/p>\n\n\n\n
\nKim Boman, CFO, AqualisBraemar ASA
\nTelephone: +47 959 63 912
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