Fjord Defence Group plans NOK 80 million private placement at NOK 15.05 a share
- Fjord Defence Group launched a contemplated private placement to raise about NOK 80 million in gross proceeds through new shares to help fund the cash portion of its NOK 168.2 million acquisition of Frydenbø Milpro.
- The subscription price is fixed at NOK 15.05 per share, set at the May 20 close on Euronext Oslo Børs.
- The application period runs from May 20 at 16:30 CEST to May 21 at 08:00 CEST, with allocation expected May 21 before 09:00 CEST.
- Pre-commitments and indications cover the full NOK 80 million, including NOK 40 million from Songa Capital.
- Settlement is expected on May 26, with shares expected to start trading on May 21 via a share-lending structure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fjord Defence Group ASA published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.
