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Written by Kari Reinikainen Kari Reinikainen
Category: Top Headlines Top Headlines
Published: 02 April 2014 02 April 2014

On 8 April, Scanship said it had sold 26.0 million shares at NOK3.20 each. Trading in them would start on the Oslo Axess market on 11 april.

Scanship Holding ASA plans to list its shares on the Oslo Axess market and raise at least NOK80 million by selling 31.25 new shares to investors.

The Norwegian waste processing and water purification specialist said in a statement its current shareholders have agreed to sell another 31.25 million shares in the company in the offer, which it expects to be priced in the bracket of NOK3.20 to NOK4.00 per share. The current shareholders can sell a further 15% of the number of new shares in case there is strong demand for the offer.

The company expects trading in its shares to commence on or about 11 April.