NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange release by Okeanis Eco Tankers Corp. (OSE: OET-ME) (the “Company”) on 3 December 2018 regarding the successful private placement (the “Private Placement”) of 3,910,000 new shares (the “Offer Shares”) in the Company for a subscription price of NOK 66 per Offer Share, equalling gross proceeds of NOK 258 million, corresponding to approximately USD 30 million (based on a currency exchange rate of USD/NOK 8.55).
The Company has today issued the Offer Shares, which are now eligible for trading on the Merkur Market. Following issuance of the Offer Shares, the Company has an issued share capital of USD 31,310 divided into 31,310,000 common shares, each share with a nominal value of USD 0.001.
Fearnley Securities AS and Pareto Securities AS act as managers in the Private Placement. Advokatfirmaet BAHR AS acts as legal advisor in connection with the Private Placement.
For further information, please contact:
Chief Financial Officer
Okeanis Eco Tankers Corp.
Direct: +30 210 4804099
Mobile: +30 6972098171
This information is subject to disclosure under the Norwegian Securities Trading Act, Section 5-12.
This announcement is not and does not form a part of any offer for sale of any securities, and is for release, publication or distribution, directly or indirectly, in the United States, or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. The Company does not intend to register of its securities in the United States.
The distribution of this announcement into jurisdictions other than Norway may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement has not been approved by any regulatory authority.