Oslo, 30 November 2023
Surfside Holding AS was today allocated 5,000,000 shares at a subscription price of NOK 1.50/each (the “Subscription Price”) in the private placement with gross proceeds of NOK 21.5 million (the “Private Placement”). Upon completion of the Private Placement, Surfside Holding AS will own a total 5,410,835 shares in Hunter Group ASA (the “Company”), representing 12.55 % of the shares (and 12.56 % of the votes), and thereby passing the 10% threshold pursuant to the Norwegian Securities Trading Act section 4-2. Surfside Holding AS is a close associate of Morten E. Astrup, chairperson of the Company. PDMR notification form attached hereto.
B.O. Steen Shipping AS was today allocated 4,366,667 shares at the Subscription Price in the Private Placement. Upon completion of the Private Placement, B.O. Steen Shipping AS will own a total 4,366,667 shares in the Company, representing 10.13 % of the shares (and 10.14 % of the votes), and thereby passing the 10% threshold pursuant to the Norwegian Securities Trading Act section 4-2.
Apollo Asset Limited was today allocated 4,300,000 shares at the Subscription Price in the Private Placement. Upon completion of the Private Placement, Apollo Asset Limited will own a total 4,300,000 shares in the Company, representing 9.98 % of the shares (and 9.98 % of the votes), and thereby passing the 5% threshold pursuant to the Norwegian Securities Trading Act section 4-2.
The above is based on the total number of shares in Hunter Group ASA after settlement of the Private Placement being 43,101,434 shares (and 43,082,006 votes, after deduction for 19,428 shares held in treasury).
Sagittarius Capital Ltd. (close associate of CEO Erik Frydendal), Lama Global AS (close associate of CFO and board member Lars Brynildsrud), and Seal Invest AS (close associate of COO Sujoy Seal) have, for settlement purposes in the Private Placement, entered into a share lending agreement with DNB Markets, a part of DNB Bank ASA, to lend 2,041,666, 1,754,167, and 1,766,666, respectively, of existing and unencumbered shares in the company that are already listed on Euronext Expand Oslo. The share loan will be settled to the lenders with new shares, delivered on a separate, temporary ISIN pending approval of the prospectus. PDMR notification forms attached hereto.
