Viking Line Abp publishes the final result of the rights offering
The final result of Viking Line Abp’s rights offering shows that 6,294,153 shares, corresponding to approximately 97.1 percent of the new shares offered were subscribed for pursuant to the exercise of subscription rights. The remaining 185,847 Offer Shares have been allotted to subscribers who have subscribed for Offer Shares without subscription rights. The subscription price was EUR 8.00 per Offer Share. Viking Line will receive approximately EUR 51.8 million through the Offering before taking into account any transaction costs in relation to the Offering.
Allotment of Offer Shares that were subscribed for without subscription rights has been made in accordance with the terms and conditions of the Offering. As a result of the Offering, the total number of shares in the Company will increase by 6,480,000 from 10,800,000 to 17,280,000.
The Offer Shares will be registered with the Finnish Trade Register on or about 29 December 2021. The last day of trading in interim shares on Nasdaq Helsinki will be on or about 28 December 2021. Interim shares will be combined with the existing shares of the Company on or about 29 December 2021. Trading in the Offer Shares is expected to commence on Nasdaq Helsinki on or about 30 December 2021.
The Offer Shares will entitle their holders to possible dividend and other distribution of funds, if any, and to other shareholder rights in the Company after they have been registered with the Finnish Trade Register and recorded in the Company’s shareholder register maintained by Euroclear Finland.
Nordea Bank Abp acts as the Sole Global Coordinator and lead manager of the Offering. Hannes Snellman Attorneys Ltd acts as the legal advisor to the Company in connection with the Offering.
Dec 28 2021
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