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- Knox Energy Solutions AS - Notification of Warrant Exercise By Blue Concept Ltd.
Knox Energy Solutions AS - Notification of Warrant Exercise by Blue Concept Ltd.
28 Aug 2024 08:58 CEST
Issuer
KNOX ENERGY SOLUTIONS AS
(Oslo, 28 August 2024) Knox Energy Solutions AS (the "Company") refers to the
Company's stock exchange announcement on 27 August 2024 regarding the allocation
of warrants to Blue Concept Ltd. as resolved by the Company's extraordinary
general meeting 23 August 2024 (the "EGM").
Blue Concept Ltd. has notified the exercise of warrants pursuant to the EGM
resolution. The number of warrants corresponds to the maximum number permissible
under the terms set out in the EGM resolution, i.e., 340,844,221 warrants, and
within the prescribed deadline.
The number of shares issued may be reduced pursuant to the warrant terms and
will be determined based on the final number of shares in Rapid Oil Production
Ltd. that are to be converted into shares in the Company, in accordance with the
Offer, as defined and further detailed in the Company's stock exchange
announcements on 23 August 2024.
For further information, please contact:
Geir Aune, Chairman, ga@knox-energy.com
Harald B. Hansen, CEO, hh@knox-energy.com
About Knox | knox-energy.com
Knox Energy Solutions AS is an international energy company, with a holding in
Rapid Oil Production Ltd. (Rapid), a UK-based oil and gas company backed by a
highly experienced board and management team. Knox Energy Solutions AS is listed
on Euronext Growth under the ticker KNOX.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Knox Energy Solutions AS
Provider
Oslo Børs Newspoint
Company Name
KNOX ENERGY SOLUTIONS AS
ISIN
NO0013289413
Symbol
KNOX
Market
Euronext Growth