Oslo, 6 February 2023: Reference is made to the stock exchange notice published on 30 December 2022 where Norwegian Energy Company ASA ("Noreco" or the "Company") announced that the issuance of new subordinated convertible bonds in the maximum amount of USD 250,000,000 with ISIN NO 0012780867 ("NOR15") through an exchange offer, was completed, and further to the stock exchange notice published on 26 January 2023 where Noreco announced the issuance of compensation bonds under the convertible bond loan with ISIN NO0010851520 ("NOR13"). The compensation bonds are currently issued with a separate ISIN NO0012820010 and will following the approval of the Prospectuses (as defined below) be merged into the ordinary ISIN of NOR13.
Noreco has prepared two prospectuses (the “Prospectuses”) in connection with i) the listing on Oslo Børs of the NOR15 bonds, and ii) the listing on Oslo Børs of the NOR13 compensation bonds.
The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has today, 6 February 2023, approved the Prospectuses. The NOR13 compensation bonds and the NOR15 bonds are expected to be listed on Oslo Børs on or about 8 February 2023.
Subject to applicable local securities laws, the Prospectus may be downloaded from https://www.noreco.com
Cathrine Torgersen, EVP Investor Relations & ESG
Phone: + 47 915 28 501