Fjord Defence Group prices private placement at NOK 15.05, raises NOK 81.5 million
- Fjord Defence Group placed a private placement of 5,415,282 new shares at NOK 15.05 each, raising gross proceeds of about NOK 81.5 million.
- The offer price matched the closing market price on May 20, 2026.
- Net proceeds will partly fund the cash consideration for the planned acquisition of Frydenbø Milpro, with the remainder for general corporate purposes.
- Settlement is expected on or about May 26, 2026, with the shares tradable immediately via a share-lending structure.
- The board also resolved to issue 6,972,823 consideration shares at NOK 15.05 to the seller, conditional on completion of the acquisition.
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.
