NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
The Company has determined to proceed with the Subsequent Offering of as much as 15,000,000 new shares (the “Offer Shares”) at a subscription value of
The Subsequent Offering shall be directed in direction of holders of the Company’s shares as of
Eligible Shareholders are being granted non-tradable subscription rights (the “Subscription Rights”) that, topic to relevant regulation, present preferential rights to subscribe for and be allotted
The subscription period for the Subsequent Offering commences tomorrow on
The Company, in session with the Managers (as outlined beneath), reserves the proper to increase the subscription period for the Subsequent Offering at any time and with none prior written discover and at its sole discretion.
The new shares issued in the Private Placement haven’t been tradable till the approval of the Prospectus. Following approval of the Prospectus, the new shares issued in the Private Placement shall be tradable and all shares in the Company is registered in the VPS with ISIN NO0003095309.
The Prospectus and the subscription type for the Subsequent Offering will, topic to regulatory restrictions in sure jurisdictions, be made out there at www.arctic.com/secno/en/choices and www.sb1markets.no and onerous copies of the Prospectus could also be obtained free of cost at the workplaces of the Company or by contacting the Managers. The Prospectus can also be enclosed hereto, and out there from the Company’s web site www.techstep.io/investor.
Subscribers in the Subsequent Offering who’re residents of
Additional data concerning the Subsequent Offering and additional directions concerning the procedures for subscription of the Offer Shares, cost and supply are included in the Prospectus.
For additional data, please contact:
Børge Astrup, CEO,
This announcement is just not a proposal to promote or a solicitation of any provide to purchase any securities of
The securities referred to in this announcement haven’t been and is not going to be registered beneath the
In any EEA Member State, this communication is simply addressed to and is simply directed at certified buyers in that Member State inside the which means of the Prospectus Regulation, i.e., solely to buyers who can obtain the provide with out an authorised prospectus in such EEA Member State. The expression “Prospectus Regulation” means Regulation 2017/1129 as amended along with any relevant implementing measures in any Member State.
This communication is simply being distributed to and is simply directed at individuals in the
Matters mentioned in this announcement might represent forward-looking statements. Forward-looking statements are statements that aren’t historic info and could also be recognized by phrases comparable to “imagine,” “count on,” “anticipate”, “intends”, “estimate”, “will”, “might”, “proceed”, “ought to” and comparable expressions. The forward-looking statements in this launch are primarily based upon numerous assumptions, many of that are primarily based, in flip, upon additional assumptions. Although the Company believes that these assumptions have been affordable when made, these assumptions are inherently topic to vital identified and unknown dangers, uncertainties, contingencies and different essential elements that are tough or unimaginable to foretell and are past its management. Such dangers, uncertainties, contingencies and different essential elements may trigger precise occasions to vary materially from the expectations expressed or implied in this launch by such forward-looking statements. The data, opinions and forward-looking statements contained in this announcement communicate solely as at its date and are topic to alter with out discover. Neither the Company nor the Managers undertake any obligation to overview, replace, affirm or launch publicly any revisions to any forward-looking statements to replicate occasions that happen or circumstances that come up in relation to the content material of this communication.
The data, opinions and forward-looking statements contained in this announcement communicate solely as at its date, and are topic to alter with out discover. The Company doesn’t undertake any obligation to overview, replace, affirm, or to launch publicly any revisions to any forward-looking statements to replicate occasions that happen or circumstances that come up in relation to the content material of this announcement.
Neither the Managers nor any of their respective associates makes any illustration as to the accuracy or completeness of this announcement and none of them accepts any duty for the contents of this announcement or any issues referred to herein.
This announcement is for data functions solely and is to not be relied upon in substitution for the train of unbiased judgment. It is just not meant as funding recommendation and on no account is it for use or thought of as a proposal to promote, or a solicitation of a proposal to purchase any securities or a suggestion to purchase or promote any securities in the Company. Neither the Managers nor any of their respective associates accepts any legal responsibility arising from the use of this announcement.
This data is topic to the disclosure necessities pursuant to Section 5-12 the Norwegian Securities Trading Act.
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