Vow ASA: Disclosure of large shareholding and mandatory notification of transactions by primary insiders and their close associates
11 December 2024 - 1:31AM
UK Regulatory
Vow ASA: Disclosure of large shareholding and mandatory
notification of transactions by primary insiders and their close
associates
Oslo, 10 December 2024: Reference is made to the
stock exchange announcements published by Vow ASA (the
"Company") on 25 November 2024, regarding the
commencement of the subscription period in the fully underwritten
rights issue of 166,666,666 new shares in the Company, at a
subscription price of NOK 1.50 per share (the "Rights
Issue") and the receipt of subscription rights in the
Rights Issue by certain primary insiders and certain close
associates of primary insiders of the Company. Further reference is
made to the stock exchange announcement published by the Company on
10 December 2024, regarding the final result of the Rights Issue
and the allocation of the new shares (the
"Transaction").
Daler Inn Limited, has been allocated 1,826,252
shares in the Rights Issue and will following the Transaction
increase its holding to 10,909,816 shares, but its holding of
outstanding shares and votes in the Company will be decreased from
7.9% to 3.74%.
Exproco Limited, a Company controlled by Jonny
Hansen, COO in the Company, has been allocated 143,187 shares in
the Rights Issue and will following completion of the Transaction
increase its holding to 7,503,187 shares. Exproco Limited's holding
of outstanding shares and votes in the Company will simultaneously
be decreased from 6.4% to 2.57%. The consolidated holding of
Exproco Limited and Jonny Hansen following the Transaction is
7,700,315 shares, equal to 2,64% of the outstanding shares and
votes in the Company.
Certain primary insiders and close associates
have been allocated new shares, including but not limited to:
Henrik Badin, CEO of the Company, has been
allocated 107,368 new shares.
Badin Invest Limited, a company closely
associated to Henrik Badin, CEO of the Company, has been allocated
203,000 new shares.
Thomas Borgen, Chairman of the Board of
Directors of the Company, has been allocated 104,392 new
shares.
TFBConsulting AS, a company closely associated
to Thomas Borgen, Chairman of the Board of Directors of the
Company, has been allocated 248,899 new shares.
Jonny Hansen, COO of the Company, has been
allocated 117,128 new shares, as further specified above
Exproco Limited, a company closely associated to
Jonny Hansen, COO of the Company, has been allocated 143,187 new
shares.
Egil Haugsdal, Member of the Board of Directors
of the Company, has been allocated 55,636 new shares.
Jens Langebrekke, Group Finance Manager, has
been allocated 3,660 new shares.
Mari Danielsen Stamsø, Financial Advisor to the
Company, has been allocated 4,225 new shares.
Limamo Invest AS, a company closely associated
to Mari Stamsø, Financial Advisor to the Company, has been
allocated 4,880 new shares.
Please see the attached forms for further
details about the transactions.
This information is subject to the disclosure
requirements pursuant to article 19 of the EU Market Abuse
Regulation and sections 4-2 and 5-12 of the Norwegian Securities
Trading Act.
Vow ASA (TG:213)
Historical Stock Chart
From Nov 2024 to Dec 2024
Vow ASA (TG:213)
Historical Stock Chart
From Dec 2023 to Dec 2024