euronext34d ago
AWILCO LNG ASA – KEY INFORMATION REGARDING POTENTIAL SUBSEQUENT OFFERING Stocks master_of_puppetsFri 06/03/2026 - 20:54 NO0010607971 06/03/2026 - 20:53 Oslo AWILCO LNG ASA – KEY INFORMATION REGARDING POTENTIAL SUBSEQUENT OFFERING Additional regulated information required to be disclosed under the laws of a Member State 90000-667758 Oslo Børs Newspoint AWILCO LNG ASA Euronext Expand Published 50206030 Marine Transportation XOAS Language English NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA OR THEUNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION ORDISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFEROF ANY OF THE SECURITIES DESCRIBED HEREIN.Oslo, 6 March 2026: Reference is made to the stock exchange announcement byAwilco LNG ASA ("Awilco LNG" or the "Company") earlier today on 6 March 2026regarding a successful placement and conditional allocation of 77,311,998 newshares in the Company (the "Offer Shares") at a price per Offer Share of NOK3.25 (the "Offer Price"), raising gross proceeds to the Company of approx. NOK251.3 million (the "Private Placement"), and a potential subsequent repairoffering (the "Subsequent Offering"). The completion of the Private Placement by issuance of the Offer Shares issubject to approval by an extraordinary general meeting of the Company, expectedto be held on or about 30 March 2026 (the "EGM"), and certain other conditions.The Company's board of directors (the "Board") has resolved to propose that theEGM authorises the Board to resolve a share capital increase in connection witha potential Subsequent Offering of up to 15,000,000 new shares in the Companyequal to approx. NOK 48.75 million. The Subsequent Offering, if applicable andsubject to applicable securities laws, will be directed towards existingshareholders in the Company as of 6 March 2026 (as registered in the VPS twotrading days thereafter), who (i) were not included in the pre-sounding phase ofthe Private Placement, (ii) were not allocated Offer Shares in the PrivatePlacement, and (iii) are not resident in a jurisdiction where such offeringwould be unlawful, or would (in jurisdictions other than Norway) require anyprospectus, filing, registration or similar action.In accordance with the continuing obligations of companies listed on EuronextExpand, the following key information is given with respect to the SubsequentOffering:-Date on which the terms and conditions of the repair issue were announced: 6March 2026-Last day including right to receive subscription rights: 6 March 2026-First day excluding right to receive subscription rights: 9 March 2026-Record date: 10 March 2026-Date of approval: 30 March 2026, subject to approval by the EGM-Maximum number of new shares: up to 15,000,000 new shares in the Company-Subscription price: NOK 3.25 (the Offer Price)The Subsequent Offering is subject to, inter alia, (i) completion of the PrivatePlacement, (ii) relevant corporate resolutions (including necessary resolutionsby the EGM), (iii) approval and publication of a prospectus and (iv) prevailingmarket price and traded volume of the Company's shares following the PrivatePlacement. The subscription period for the Subsequent Offering (if applicable) is expectedto commence following publication of a prospectus, expected during Q2 2026.The Company reserves the right in its sole discretion to not conduct or tocancel any Subsequent Offering, including if the Company's shares trade at orbelow the subscription price in the Subsequent Offering (i.e. the Offer Price)at sufficient volumes.Advisors Fearnley Securities AS (the "Manager") acts as advisor to the Company inconnection with the Private Placement and the Subsequent Offering.Wikborg Rein Advokatfirma AS is acting as legal counsel to the Company. For further information, please contact:CEO, Jon Skule Storheill, Phone: +47 913 44 356CFO, Per Heiberg, Phone: +47 952 20 264About Awilco LNG ASAAwilco LNG is a Norwegian based LNG transportation provider, owning andoperating LNG vessels intended for international trade. The Company currentlyowns two 2013 built 156,000 cbm TFDE membrane LNG vessels, WilForce andWilPride.This information is published in accordance with the requirements of theContinuing Obligations for companies listed on Euronext Expand and section 5-12of the Norwegian Securities Trading Act.IMPORTANT INFORMATIONThe information contained in this announcement is for background purposes onlyand does not purport to be full or complete. No reliance may be placed for anypurpose on the information contained in this announcement or its accuracy,fairness or completeness. Neither the Manager or any of its affiliates or any oftheir respective directors, officers, employees, advisors or agents accepts anyresponsibility or liability whatsoever for, or makes any representation orwarranty, express or implied, as to the truth, accuracy or completeness of theinformation in this announcement (or whether any information has been omittedfrom the announcement) or any other information relating to the Company, itssubsidiaries or associated companies, whether written, oral or in a visual orelectronic form, and howsoever transmitted or made available, or for any losshowsoever arising from any use of this announcement or its contents or otherwisearising in connection therewith. This announcement has been prepared by and isthe sole responsibility of the Company.Neither this announcement nor the information contained herein is forpublication, distribution or release, in whole or in part, directly orindirectly, in or into or from the United States (including its territories andpossessions, any State of the United States and the District of Columbia),Australia, Canada, Japan, Hong Kong, South Africa or any other jurisdictionwhere to do so would constitute a violation of the relevant laws of suchjurisdiction. The publication, distribution or release of this announcement maybe restricted by law in certain jurisdictions and persons into whose possessionany document or other information referred to herein should inform themselvesabout and observe any such restriction. Any failure to comply with theserestrictions may constitute a violation of the securities laws of any suchjurisdiction.This announcement is not an offer for sale of securities in the United States.The securities referred to in this announcement have not been and will not beregistered under the U.S. Securities Act of 1933, as amended (the "U.S.Securities Act"), and may not be offered or sold in the United States absentregistration with the U.S. Securities and Exchange Commission or an exemptionfrom, or in a transaction not subject to, the registration requirements of theU.S. Securities Act and in accordance with applicable U.S. state securitieslaws. The Company does not intend to register any securities referred to hereinin the United States or to conduct a public offering of securities in the UnitedStates.Any offering of the securities referred to in this announcement will be made bymeans of a set of subscription materials provided to potential investors.Investors should not subscribe for any securities referred to in thisannouncement except on the basis of information contained in the aforementionedsubscription materials. In any EEA Member State, this communication is onlyaddressed to and is only directed at qualified investors in that Member Statewithin the meaning of the EU Prospectus Regulation, i.e. only to investors whocan receive the offer without an approved prospectus in such EEA Member State.The expression "EU Prospectus Regulation" means Regulation (EU) 2017/1129 of theEuropean Parliament and of the Council of 14 June 2017 (together with anyapplicable implementing measures in any Member State).This communication is only being distributed to and is only directed at personsin the United Kingdom that are "qualified investors" within the meaning of theEU Prospectus Regulation as it forms part of English law by virtue of theEuropean Union (Withdrawal) Act 2018 and that are (i) investment professionalsfalling within Article 19(5) of the Financial Services and Markets Act 2000(Financial Promotion) Order 2005, as amended (the "Order") or (ii) high networth entities, and other persons to whom this announcement may lawfully becommunicated, falling within Article 49(2)(a) to (d) of the Order (all suchpersons together being referred to as "relevant persons"). This communicationmust not be acted on or relied on by persons who are not relevant persons. Anyinvestment or investment activity to which this communication relates isavailable only to relevant persons and will only be conducted with relevantpersons. Persons distributing this communication must satisfy themselves that itis lawful to do so.This announcement is made by, and is the responsibility of, the Company. TheManager and its affiliates are acting exclusively for the Company and no-oneelse in connection with the Private Placement and the potential SubsequentOffering. They will not regard any other person as its clients in relation tothe Private Placement or the Subsequent Offering and will not be responsible toanyone other than the Company for providing the protections afforded to itsclients, nor for providing advice in relation to the Private Placement or theSubsequent Offering, the contents of this announcement or any transaction,arrangement or other matter referred to herein.In connection with the Private Placement or the Subsequent Offering, the Managerand any of its affiliates, acting as investors for their own accounts, maysubscribe for or purchase shares and in that capacity may retain, purchase,sell, offer to sell or otherwise deal for their own accounts in such shares andother securities of the Company or related investments in connection with thePrivate Placement, the Subsequent Offering, or otherwise. Accordingly,references in any subscription materials to the shares being issued, offered,subscribed, acquired, placed or otherwise dealt in should be read as includingany issue or offer to, or subscription, acquisition, placing or dealing by, theManager and any of its respective affiliates acting as investors for their ownaccounts. The Manager does not intend to disclose the extent of any suchinvestment or transactions otherwise than in accordance with any legal orregulatory obligations to do so.Matters discussed in this announcement may constitute forward-lookingstatements. Forward-looking statements are statements that are not historicalfacts and may be identified by words such as "believe", "aim", "expect","anticipate", "intend", "estimate", "will", "may", "continue", "should" andsimilar expressions. The forward-looking statements in this release are basedupon various assumptions, many of which are based, in turn, upon furtherassumptions. Although the Company believes that these assumptions werereasonable when made, these assumptions are inherently subject to significantknown and unknown risks, uncertainties, contingencies, and other importantfactors which are difficult or impossible to predict and are beyond its control.Such risks, uncertainties, contingencies, and other important factors couldcause actual events to differ materially from the expectations expressed orimplied in this release by such forward-looking statements. Forward-lookingstatements speak only as of the date they are made and cannot be relied upon asa guide to future performance. The Company, the Manager and its affiliatesexpressly disclaim any obligation or undertaking to update, review or revise anyforward-looking statement contained in this announcement whether as a result ofnew information, future developments or otherwise. The information, opinions andforward-looking statements contained in this announcement speak only as at itsdate and are subject to change without notice.More information:Access">https://newsweb.oslobors.no/message/667758">Access the news on Oslo Bors NewsWeb site AWILCO LNG AWILCO LNG ASA 184271 NO0010607971-XOAS ALNG