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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Borregaard ASA | TG:BO4 | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.14 | 0.81% | 17.34 | 17.12 | 17.28 | 17.34 | 17.34 | 17.34 | 122 | 18:36:14 |
Borregaard has participated with its fully diluted pro-rata share (35%) in the NOK 400 million capital raise in the marine biotech company Alginor to fund the next step of the biorefinery expansion. The funds from Borregaard were pre-committed. In aggregate the committed investments into Alginor from Borregaard will now total approximately NOK 408 million.
Alginor intends to carry out a repair offering directed towards existing shareholders and potential new shareholders. A subsequent offering towards Borregaard will be made to ensure that Borregaard retains its 35% fully diluted ownership in Alginor.
For more information about Alginor and the capital raise, see https://alginor.no/. Contact: Director Investor Relations, Knut-Harald Bakke, +47 905 79 164
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
1 Year Borregaard ASA Chart |
1 Month Borregaard ASA Chart |
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