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- BLACK SEA PROPERTY AS – SHARE CAPITAL INCREASE REGISTERED
BLACK SEA PROPERTY AS – SHARE CAPITAL INCREASE REGISTERED
26 Apr 2023 19:25 CEST
Issuer
Black Sea Property AS
Reference is made to the stock exchange announcement from Black Sea Property AS
(the "Company") regarding the successful placing of a conditional private
placement raising gross proceeds of NOK 8.168 million (the "Private Placement"),
and to the resolution to increase the share capital by the Company's
extraordinary general meeting held on 27 March 2023 to increase the share
capital in connection with the Private Placement and in connection with
conversion of debt outstanding under a shareholder loan from September 2022 (the
"Debt Conversion").
The share capital increases relating to the Private Placement and the Debt
Conversion has now been registered with the Norwegian Register of Business
Enterprises. The Company's new registered share capital is NOK 16,100,261.50
divided into 64,401,046 shares, each with a par value of NOK 0.25.
For further information, please contact:
Egil Melkevik, Chairman
Tel: +47 90 77 09 76
E-mail: em@ms-solutions.no
About Black Sea Property AS:
Black Sea Property AS is a real estate company with holdings in a real estate
project on the Black Sea coast called Sunrise River Beach Resort. Sunrise River
Beach Resort is a partially completed project and will upon completion comprise
approximately 950 apartments as well as significant commercial space. Black Sea
Property AS has indirect ownership to the project and will work to finalize
Sunrise River Beach Resort, to realize the project's added value through the
sale of residential units and hotel operations.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Black Sea Property AS
Provider
Oslo Børs Newspoint
Company Name
BLACK SEA PROPERTY
ISIN
NO0010755101
Symbol
BSP
Market
Euronext Growth