Circio Holding ASA - Last day of exercise period for warrants issued in July 2024
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Oslo, Norway 18 December 2024, Circio Holding ASA (OSE: CRNA) Reference is made to the stock exchange announcement on 4 December 2024 regarding commencement of the exercise period for warrants from 4 December 2024 to 16:30 hours (CET) om 18 December 2024 (the "Exercise Period").
A total of 13,864,852 warrants (Nw.: frittstående tegningsretter) (the "Warrants") were issued in connection with a rights issue in June and July 2024. Each Warrant gives the holder (the "Holder") a right to subscribe for one new share in the Company at an exercise price per Warrant of NOK 0.60 (the "Warrant Exercise Price").
The exercise period for the Warrants ends today, 18 December 2024 at 16:30 (CET)
A description of the process of exercising Warrants is presented in the stock exchange announcement of 4 December 2024, and is also made available at www.circio/warrants/exercise
The Warrants that are not exercised before the expiry of the Exercise Period on 18 December 2024 at 16:30 (CET) will have no value and will lapse without compensation to the Holder.