Aqualis ASA (OSE: AQUA), reference is made to the announcements on 17, 19 and 24 June 2014 regarding the acquisition of Weifa AS, the spin-off of Aqualis Offshore and the private placement of NOK 700 million.
Reference is made to Aqualis ASA’s (OSE: AQUA) announcement dated 19 May, when the company signed a memorandum of understanding to acquire Offshore Wind Consultants Limited, a leading provider of consultancy services to the offshore renewables industry. Following a financial, legal and operational due diligence, Aqualis ASA (Aqualis) and Offshore Wind Consultants Ltd (Offshore Wind Consultants) have signed the definite share purchase agreement between the two parties.
Aqualis ASA (OSE: AQUA), today announces that the Company has completed a private placement of new shares (the “Offer Shares”) raising gross proceeds of NOK 700 million (the "Private Placement").
Reference is made to the stock exchange notices of 17 June 2014 and 19 June 2014 related to Aqualis ASA’s (“Aqualis” or the “Company”, ticker "AQUA") acquisition of Weifa AS (“Weifa”) for a cash consideration of NOK 1,101 million, based on an enterprise value of NOK 1,170 million (the “Acquisition”).