Circio Holding ASA: Key information relating to potential subsequent offering
Summary by AI BETAClose X
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange announcement made by Circio Holding ASA (the "Company") on 15 September 2026, where the Company announced the allocation of 16,865,000 new shares in the Company (the "Offer Shares") raising gross proceeds of approximately NOK 200 million (the "Private Placement"), and a potential subsequent offering of up to 16,865,000 new shares raising gross proceeds of up to approximately NOK 200 million at the same subscription price as in the Private Placement (the "Subsequent Offering").
The Subsequent Offering will, subject to applicable securities law, be directed towards existing shareholders in the Company as of 14 September 2026, as registered in the Company's register of shareholders with Euronext Securities Oslo two trading days thereafter, who (i) were not included in the pre-sounding phase of the Private Placement, (ii) were not allocated Offer Shares in the Private Placement, and (iii) are not resident in a jurisdiction where such offering would be unlawful or, would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action.
The following key information is provided with respect to the Subsequent Offering:
Date on which the terms and conditions of the Subsequent Offering were announced: 15 September 2026
Last day including right: 14 September 2026
Ex-date: 15 September 2026
Record date: 16 September 2026
Date of approval: 14 September 2026 (date of board meeting)
Maximum number of new shares: 16,865,000
Subscription price: NOK 11.80 per share
Shall the rights be listed: No
Other information: The Subsequent Offering is subject to the publication of a EU prospectus and the prevailing market price of the Company's shares together with the corresponding trading volume following the Private Placement. The Board may decide that the Subsequent Offering will not be carried out in the event that the Company's shares trade below the Subscription Price at sufficient volumes. The Company reserves the right in its sole discretion to not conduct or to cancel the Subsequent Offering and will, if and when finally resolved, issue a separate stock exchange notice with further details on the Subsequent Offering.
This information is published in accordance with the requirements of the Continuing Obligations.
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