REC - emisjon til kurs 10,80
REC Silicon - Ny nyhet i kategori ALL 14.10.2020 17:01
14.10.2020 17:01:45: REC Silicon - Contemplated Private Placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Lysaker, 14 October 2020.
REC Silicon ASA (the "Company") has retained Arctic Securities AS and Pareto Securities AS (the "Managers") to advise on and effect a private placement (the "Private Placement") of new shares (the "Offer Shares") raising gross proceeds of up to NOK 1,000 million. The price per share in the Private Placement has been set to NOK 10.80 (the "Offer Price").
The net proceeds from the Private Placement will be used to fund expansion investments and activities at the Companys facilities in Butte and Moses Lake as well as for general corporate purposes. Upon completion of the Private Placement, the Company will have established an extended liquidity runway which may enable the Company to prepare for a restart of the Moses Lake plant to be decided and funded during H2 2021. Such restart is targeted in 2022 on the back of expected continuation of positive developments currently seen in both the solar energy and battery markets where the Company believes that it is positioned to become a leading US provider of silane and polysilicon.
Two cornerstone investors have undertaken to apply for and will be allocated shares for a minimum of NOK 450 million at the Offer Price as follows: (i) Aker Capital AS, the Company's largest shareholder for NOK 300 million in the Private Placement, and (ii) DNB Asset Management for NOK 150 million in the Private Placement.
The bookbuilding period for the Private Placement commences today 14 October 2020 at 16:30 CEST and is expected to close on 15 October 2020 at 08:00 CEST. The Company, after consultation with the Managers, reserves the right to at any time and in its sole discretion close or extend the bookbuilding period or to cancel the Private Placement in its entirety and for any reason. If the bookbuilding is shortened or extended, the other dates referred to herein may be changed correspondingly.
The Private Placement consists of two separate tranches; one tranche ("Tranche 1") will comprise up to 27,982,000 Offer Shares, and a second tranche with up to 64,610,592 new shares ("Tranche 2"). The completion of Tranche 1 is subject to approval by the Company's board of directors pursuant to an authorization granted by the Company's annual general meeting held on 12 May 2020. The completion of Tranche 2 is subject to the approval by an extraordinary general meeting in the Company, expected to be held on or about 9 November 2020 (the "EGM") to be called for shortly after the conditional allocation in the Private Placement. The completion of the Private Placement is further conditional upon the Offer Shares having been fully subscribed, paid and legally issued. Completion of Tranche 1 is not conditional upon completion of Tranche 2, and acquisition of Offer Shares under Tranche 1 will remain final and binding and cannot be revoked or terminated by the respective applicants if Tranche 2 is not completed.
Allocation of the Offer Shares will be determined by the end of the bookbuilding process, and the final allocation will be made by the Company's Board of Directors at its sole discretion, in consultation with the Managers. Notification of allocation and payment instructions is expected to be issued by the Managers to the applicants on or about 15 October 2020. The Company will announce the final number of Offer Shares placed in the Private Placement in a stock exchange announcement expected to be published before opening of trading on the Oslo Stock Exchange tomorrow 15 October 2020.
Settlement of Offer Shares in Tranche 1 is expected to be on or about 19 October 2020 (DVP, T+2) while settlement in Tranche 2 is expected to occur on or about 12 November 2020 following approval by the EGM. The investors who have been allocated Offer Shares, will receive a pro rata portion of shares from Tranche 1 and Tranche 2 based on their overall allocation in the Private Placement, with the exception of Aker Capital AS who have agreed that the new shares it is allocated in the Private Placement will all be allocated in Tranche 2. The Offer Shares will be settled with existing and unencumbered shares in the Company that are already listed on the Oslo Stock Exchange pursuant to a share lending agreement between Arctic Securities AS (on behalf of the Managers), the Company and Aker Capital AS as lender. The new shares re-delivered to Aker Capital AS in Tranche 2 will be issued on a separate ISIN and will not be tradable on Oslo Børs until a listing prospectus has been approved by the Financial Supervisory Authority of Norway, expected December 2020.
The Private Placement will be directed towards Norwegian and international investors, subject to applicable exemptions from relevant registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The minimum application and allocation amount have been set to the NOK equivalent of EUR 100,000. The Company may however, at its sole discretion, allocate amounts below EUR 100,000 to the extent exemptions from the prospectus requirements in accordance with applicable regulations, including the Norwegian Securities Trading Act and ancillary regulations, are available.
The Companys board of directors has considered alternative structures for the raising of new equity. Following careful considerations, the Companys board of directors is of the view that it will be in the mutual interest of the Company and its shareholders to raise equity through a private placement setting aside the pre-emptive rights of the shareholders. By structuring the transaction as a private placement, the Company will be in a position to raise capital in an efficient manner, with a lower discount to the current trading price and with significantly lower risks compared to a rights issue. In addition, the Private Placement is subject to marketing through a pre-sounding process in order to achieve a market based subscription price.
Subject to successful completion of the Private Placement, the Companys board of directors may consider to carry out a subsequent repair offering of new shares in the Company directed towards existing shareholders in the Company as of 14 October 2020 (as registered in the VPS 16 October 2020) who were not allocated Offer Shares in the Private Placement and who are not resident in a jurisdiction where such offering would be unlawful, or would (in jurisdictions other than Norway) require any prospectus filing, registration or similar action.
Additional information regarding the Private Placement is included in the attached presentation, which sets out also preliminary third quarter highlights of the Company.
Arctic Securities AS and Pareto Securities AS are engaged as managers and joint bookrunners in the Private Placement. Advokatfirmaet Schjødt AS is acting as legal counsel to the Company in connection with the Private Placement. Advokatfirmaet Thommessen AS is acting as legal advisor to the Managers in connection with the Private Placement.
For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com
Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no
About the company:
REC Silicon is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine over 30 years of experience and proprietary technology with the needs of our customers, with annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the Company is headquartered in Lysaker, Norway. For more information, please visit: www.recsilicon.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures.
The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.
In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129 as amended (together with any applicable implementing measures in any Member State.
https://newsweb.oslobors.no/message/515442
14.10.2020 17:01:45: REC Silicon - Contemplated Private Placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Lysaker, 14 October 2020.
REC Silicon ASA (the "Company") has retained Arctic Securities AS and Pareto Securities AS (the "Managers") to advise on and effect a private placement (the "Private Placement") of new shares (the "Offer Shares") raising gross proceeds of up to NOK 1,000 million. The price per share in the Private Placement has been set to NOK 10.80 (the "Offer Price").
The net proceeds from the Private Placement will be used to fund expansion investments and activities at the Companys facilities in Butte and Moses Lake as well as for general corporate purposes. Upon completion of the Private Placement, the Company will have established an extended liquidity runway which may enable the Company to prepare for a restart of the Moses Lake plant to be decided and funded during H2 2021. Such restart is targeted in 2022 on the back of expected continuation of positive developments currently seen in both the solar energy and battery markets where the Company believes that it is positioned to become a leading US provider of silane and polysilicon.
Two cornerstone investors have undertaken to apply for and will be allocated shares for a minimum of NOK 450 million at the Offer Price as follows: (i) Aker Capital AS, the Company's largest shareholder for NOK 300 million in the Private Placement, and (ii) DNB Asset Management for NOK 150 million in the Private Placement.
The bookbuilding period for the Private Placement commences today 14 October 2020 at 16:30 CEST and is expected to close on 15 October 2020 at 08:00 CEST. The Company, after consultation with the Managers, reserves the right to at any time and in its sole discretion close or extend the bookbuilding period or to cancel the Private Placement in its entirety and for any reason. If the bookbuilding is shortened or extended, the other dates referred to herein may be changed correspondingly.
The Private Placement consists of two separate tranches; one tranche ("Tranche 1") will comprise up to 27,982,000 Offer Shares, and a second tranche with up to 64,610,592 new shares ("Tranche 2"). The completion of Tranche 1 is subject to approval by the Company's board of directors pursuant to an authorization granted by the Company's annual general meeting held on 12 May 2020. The completion of Tranche 2 is subject to the approval by an extraordinary general meeting in the Company, expected to be held on or about 9 November 2020 (the "EGM") to be called for shortly after the conditional allocation in the Private Placement. The completion of the Private Placement is further conditional upon the Offer Shares having been fully subscribed, paid and legally issued. Completion of Tranche 1 is not conditional upon completion of Tranche 2, and acquisition of Offer Shares under Tranche 1 will remain final and binding and cannot be revoked or terminated by the respective applicants if Tranche 2 is not completed.
Allocation of the Offer Shares will be determined by the end of the bookbuilding process, and the final allocation will be made by the Company's Board of Directors at its sole discretion, in consultation with the Managers. Notification of allocation and payment instructions is expected to be issued by the Managers to the applicants on or about 15 October 2020. The Company will announce the final number of Offer Shares placed in the Private Placement in a stock exchange announcement expected to be published before opening of trading on the Oslo Stock Exchange tomorrow 15 October 2020.
Settlement of Offer Shares in Tranche 1 is expected to be on or about 19 October 2020 (DVP, T+2) while settlement in Tranche 2 is expected to occur on or about 12 November 2020 following approval by the EGM. The investors who have been allocated Offer Shares, will receive a pro rata portion of shares from Tranche 1 and Tranche 2 based on their overall allocation in the Private Placement, with the exception of Aker Capital AS who have agreed that the new shares it is allocated in the Private Placement will all be allocated in Tranche 2. The Offer Shares will be settled with existing and unencumbered shares in the Company that are already listed on the Oslo Stock Exchange pursuant to a share lending agreement between Arctic Securities AS (on behalf of the Managers), the Company and Aker Capital AS as lender. The new shares re-delivered to Aker Capital AS in Tranche 2 will be issued on a separate ISIN and will not be tradable on Oslo Børs until a listing prospectus has been approved by the Financial Supervisory Authority of Norway, expected December 2020.
The Private Placement will be directed towards Norwegian and international investors, subject to applicable exemptions from relevant registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The minimum application and allocation amount have been set to the NOK equivalent of EUR 100,000. The Company may however, at its sole discretion, allocate amounts below EUR 100,000 to the extent exemptions from the prospectus requirements in accordance with applicable regulations, including the Norwegian Securities Trading Act and ancillary regulations, are available.
The Companys board of directors has considered alternative structures for the raising of new equity. Following careful considerations, the Companys board of directors is of the view that it will be in the mutual interest of the Company and its shareholders to raise equity through a private placement setting aside the pre-emptive rights of the shareholders. By structuring the transaction as a private placement, the Company will be in a position to raise capital in an efficient manner, with a lower discount to the current trading price and with significantly lower risks compared to a rights issue. In addition, the Private Placement is subject to marketing through a pre-sounding process in order to achieve a market based subscription price.
Subject to successful completion of the Private Placement, the Companys board of directors may consider to carry out a subsequent repair offering of new shares in the Company directed towards existing shareholders in the Company as of 14 October 2020 (as registered in the VPS 16 October 2020) who were not allocated Offer Shares in the Private Placement and who are not resident in a jurisdiction where such offering would be unlawful, or would (in jurisdictions other than Norway) require any prospectus filing, registration or similar action.
Additional information regarding the Private Placement is included in the attached presentation, which sets out also preliminary third quarter highlights of the Company.
Arctic Securities AS and Pareto Securities AS are engaged as managers and joint bookrunners in the Private Placement. Advokatfirmaet Schjødt AS is acting as legal counsel to the Company in connection with the Private Placement. Advokatfirmaet Thommessen AS is acting as legal advisor to the Managers in connection with the Private Placement.
For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com
Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no
About the company:
REC Silicon is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine over 30 years of experience and proprietary technology with the needs of our customers, with annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the Company is headquartered in Lysaker, Norway. For more information, please visit: www.recsilicon.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures.
The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.
In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129 as amended (together with any applicable implementing measures in any Member State.
https://newsweb.oslobors.no/message/515442
Redigert 21.01.2021 kl 06:16
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Nikko
14.10.2020 kl 21:39
8176
Er du her også med det tullet ditt?
Redigert 21.01.2021 kl 06:16
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Mente ikke deg InvestorXYZ, men generelt til alle som forsøker å hause ned aksjen her. Synes det bare er bra at man ser på flere sider av saken og har ordentlig diskusjon.
Det som er litt slitsomt, er folk som har ingenting investert i aksjen, men som alltid skal ytre sine meninger og si at aksjen skal falle uten noen forklaring bak det, slik som wollmilchsau.
Det som er litt slitsomt, er folk som har ingenting investert i aksjen, men som alltid skal ytre sine meninger og si at aksjen skal falle uten noen forklaring bak det, slik som wollmilchsau.
Redigert 21.01.2021 kl 06:16
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kuka
14.10.2020 kl 21:42
8245
Når det gjelder markedets oppfatning av verdien til REC etter denne delvise rettede emisjonen, kan det være verd å se på utviklingen av utbytteaksjene til AKSO, ACC og AOW etter den rettede emisjonen som ble gjennomført i disse. Tviler på at REC skal under emisjonskursen, men kanskje x-dobles.
Redigert 21.01.2021 kl 06:16
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Vi må også lure på om sky is the limit?
Fint om REC får igång fabrikken. Og fint om den nye gode nabo vil köpe silisium.
Men hvor mye vill den gode nabo betala? Tror REC har 10 dollar ca i produktionskost. Vil nabo betala så mye når de kan handla för 5-7 dollar i spotmarkedet?
Muligen. Men vil de betala 15 dollar?
Fint om REC får igång fabrikken. Og fint om den nye gode nabo vil köpe silisium.
Men hvor mye vill den gode nabo betala? Tror REC har 10 dollar ca i produktionskost. Vil nabo betala så mye når de kan handla för 5-7 dollar i spotmarkedet?
Muligen. Men vil de betala 15 dollar?
Redigert 21.01.2021 kl 06:16
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Zolly
14.10.2020 kl 21:55
7972
Ønsker REC det beste, men teknisk sett er aksjen ekstremt overkjøpt med en RSI på nesten 90 for ikke å snakke om at kursen har gått fra kr 3,8-14,6 på 10 handelsdager. Blir overrasket om denne fortsetter ferden oppover i morgen..
Redigert 21.01.2021 kl 06:16
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Her har REC to produkter til salgs, for egenkosten av ett: først silisiumet til en pris. Deretter biproduktet silan til en annen pris. Samlet pris blir garantert pen, vi får satse på de informerer oss mer konkret under kvartalsrapporten.
Redigert 21.01.2021 kl 06:16
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jaybird88
14.10.2020 kl 21:58
7880
hva tenker dere om videre utvikling når man ser tilbake på kursutviklingen etter siste emi - som jeg kan huske - i april 2019? mener å huske at folk flest også denne gangen mente at kursen egentlig ikke bør droppe så veldig langt under emikurs, men så skulle det vise seg at vi kom rimelig langt under denne. Riktignok helt andre forutsetninger i dag enn denne gangen, men måtte uansett tenke tilbake til det.
Redigert 21.01.2021 kl 06:16
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BIF78
14.10.2020 kl 21:59
7858
Det er muligt, at jeg husker fejl, men mener produktionsomkostninger ligger på ca 8 dollar ved fuld drift af ML. Og så kan det være svær at sammenligne priser, da REC's renhed og dermed kvalitet er bedst.
Redigert 21.01.2021 kl 06:16
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vad jeg minns var recs kvalitet fra ML ikke så veldig bra, slik at de fikk betalt i de lavere prisintervallen.
Men det er klart at for nabon er det også veldig viktig med lokal leverantör, intergrert verdikedje, stabila leveranser.
Men det er klart at for nabon er det også veldig viktig med lokal leverantör, intergrert verdikedje, stabila leveranser.
Redigert 21.01.2021 kl 06:16
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Morsomt at du nevner det. Flere her inne har brukt flere år på å forklare andre hvorfor REC er verdt noe mens kursen har stupt dag for dag. Det er stortsett de samme nickene som har holdt seg trofast med spekulasjoner og research.
Likevel dukker det opp mange nye nick denne uken med "eksperter" som for en uke siden ikke engang visste hva REC drev med og anbefaler andre å sikre gevinst.
Skulle jeg hørt på disse , så hadde jeg solgt med 70% tap tidligere i år. Har heldigvis holdt ut og har 100% avkastning i stedenfor. REC er et selskap med stort potensiale, som er i ferd med å bli utløst.
Likevel dukker det opp mange nye nick denne uken med "eksperter" som for en uke siden ikke engang visste hva REC drev med og anbefaler andre å sikre gevinst.
Skulle jeg hørt på disse , så hadde jeg solgt med 70% tap tidligere i år. Har heldigvis holdt ut og har 100% avkastning i stedenfor. REC er et selskap med stort potensiale, som er i ferd med å bli utløst.
Redigert 21.01.2021 kl 06:16
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Det er straffetollen og handelsavtalen mellom Kina og USA som tok knekken på kursen, ikke nødvendigvis emisjonen i seg selv.
Nå har REC klart å rive seg løs fra denne handelsavtalen og scenario er helt snudd på hodet.
Markedet er også vesentlig større for REC nå.
- Eksisterende marked i Kina dersom straffetollen frafaller i fremtiden
- Voksende solarmarked i India
- Batterimarkedet er uendelig stort, og kundemassen kan bestå av flere aktører i fremtiden
- Violet Power
Nå har REC klart å rive seg løs fra denne handelsavtalen og scenario er helt snudd på hodet.
Markedet er også vesentlig større for REC nå.
- Eksisterende marked i Kina dersom straffetollen frafaller i fremtiden
- Voksende solarmarked i India
- Batterimarkedet er uendelig stort, og kundemassen kan bestå av flere aktører i fremtiden
- Violet Power
Redigert 21.01.2021 kl 06:16
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Kjempebra jobbet! Glad på din vegne. Skal ærlig innrømme at det først er de siste månedene jeg har satt meg inn i REC, men som en aksjonær er det essensielt å alltid ha en visjon om hvorfor man investerer i et selskap. De som investerer før selskapet slår løs, sitter med langt finere gevinst - som er velfortjent, da dette er longs som har hatt solid tro på det fundamentale med selskapet, selv om alle andre hauser ned aksjen.
Får du bare lene deg tilbake nå og nyte avkastningen!
Får du bare lene deg tilbake nå og nyte avkastningen!
Redigert 21.01.2021 kl 06:16
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2030kommer
15.10.2020 kl 00:09
6695
Nikko skrev Er du her også med det tullet ditt?
Du benytta sjansen på å slenge inn en bong her du og ja Nikko? 😏
Redigert 21.01.2021 kl 06:16
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Grisete, ingenting er egentlig forandret
Biden er også ute. De har mac'en til Hunter Biden hvor Biden er inkriminert, så blir dårlig med new green deal for de som hadde håpet på det.
Biden er også ute. De har mac'en til Hunter Biden hvor Biden er inkriminert, så blir dårlig med new green deal for de som hadde håpet på det.
Redigert 21.01.2021 kl 06:16
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John8
15.10.2020 kl 01:04
6504
Tegningen fullført:
https://www.recsilicon.com/media/newsroom/newshandler/?type=globenewswire&feed=%2fnews-release%2f2020%2f10%2f14%2f2108792%2f0%2fen%2fREC-Silicon-Private-placement-successfully-completed.html%3fprint%3d1
Nøkkelinfo:
https://www.recsilicon.com/media/newsroom/newshandler/?type=globenewswire&feed=%2fnews-release%2f2020%2f10%2f14%2f2108796%2f0%2fen%2fREC-Silicon-Key-information-relating-to-subsequent-offering-to-be-carried-out-by-REC-Silicon-ASA.html%3fprint%3d1
https://www.recsilicon.com/media/newsroom/newshandler/?type=globenewswire&feed=%2fnews-release%2f2020%2f10%2f14%2f2108792%2f0%2fen%2fREC-Silicon-Private-placement-successfully-completed.html%3fprint%3d1
Nøkkelinfo:
https://www.recsilicon.com/media/newsroom/newshandler/?type=globenewswire&feed=%2fnews-release%2f2020%2f10%2f14%2f2108796%2f0%2fen%2fREC-Silicon-Key-information-relating-to-subsequent-offering-to-be-carried-out-by-REC-Silicon-ASA.html%3fprint%3d1
Redigert 21.01.2021 kl 06:16
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John8
15.10.2020 kl 01:21
6437
Altså 92.592.592 nye aksjer (trinn 1: 27.982.000 og trinn 2: 64.610.592).
Antall aksjer før emisjonen: 279.820.000.
Utvanning (92.592.592 : 279.820.066 x 100) = 33,08 %.
Alt avhengig av styregodkjennelse av trinn 1 (REC bruker 10 %-fullmakten gitt på siste GF) og X GFs godkjennelse av trinn 2.
Men det går veien.
Det blir reparasjonsemisjon når trinn 1 og trinn 2 i denne emisjonen er fullført, jfr datoene i nøkkelinfo.
Investor presentasjonen med oppdatert info på «alle» områder her:
https://ml-eu.globenewswire.com/Resource/Download/b960a4e2-069d-4af2-8c58-6dfe0a52b940
REC fremstår nå som et ganske annet selskap; finansielt robust.
Kanskje man også kan nedbetale noe av dette dyre lånet:
ps://www.recsilicon.com/investors/debt-and-credit-facilities/2018-convertible-bond-loan
Vanskelig å se for seg at kursen den 15 10 skal falle under emisjonskursen.
Antall aksjer før emisjonen: 279.820.000.
Utvanning (92.592.592 : 279.820.066 x 100) = 33,08 %.
Alt avhengig av styregodkjennelse av trinn 1 (REC bruker 10 %-fullmakten gitt på siste GF) og X GFs godkjennelse av trinn 2.
Men det går veien.
Det blir reparasjonsemisjon når trinn 1 og trinn 2 i denne emisjonen er fullført, jfr datoene i nøkkelinfo.
Investor presentasjonen med oppdatert info på «alle» områder her:
https://ml-eu.globenewswire.com/Resource/Download/b960a4e2-069d-4af2-8c58-6dfe0a52b940
REC fremstår nå som et ganske annet selskap; finansielt robust.
Kanskje man også kan nedbetale noe av dette dyre lånet:
ps://www.recsilicon.com/investors/debt-and-credit-facilities/2018-convertible-bond-loan
Vanskelig å se for seg at kursen den 15 10 skal falle under emisjonskursen.
Redigert 21.01.2021 kl 06:16
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Sa2ri
15.10.2020 kl 07:27
6072
Og det blir en rep.emi for de som var aksjonærer ved close i går:
REC Silicon - Key information relating to subsequent offering to be carried out by REC Silicon ASA
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.
Lysaker, 14 October 2020 - Reference is made to the stock exchange notice from
REC Silicon ASA (the "Company") on 14 October 2020 regarding the successful
completion of a private placement of 92,592,592 new shares in the Company (the
"Private Placement") and a potential subsequent offering at the same
subscription price as in the Private Placement (the "Subsequent Offering").
+---------------------------------------+--------------------------------------+
|Date on which the terms and conditions|14 October 2020 |
|of the potential Subsequent Offering| |
|were announced: | |
+---------------------------------------+--------------------------------------+
|Last day including right: |14 October 2020 |
+---------------------------------------+--------------------------------------+
|Ex-date |15 October 2020 |
+---------------------------------------+--------------------------------------+
|Record Date |16 October 2020 |
+---------------------------------------+--------------------------------------+
| |Currently not resolved (see "Other |
|Date of approval |information" below) |
+---------------------------------------+--------------------------------------+
|Maximum number of new shares: |18,518,518 new shares |
+---------------------------------------+--------------------------------------+
|Subscription price |NOK 10.80 per share |
+---------------------------------------+--------------------------------------+
Other information: The Subsequent Offering is subject to (a) completion of the
Private Placement, (b) approval of the authorization of the Board of Directors
for the Subsequent Offering by the Company's shareholders at the extraordinary
general meeting in the Company, and (c) the publication of a prospectus approved
by the Norwegian Financial Supervisory Authority. The board of directors may, in
its sole discretion, decide that the Company shall not carry out the Subsequent
Offering.
For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com (mailto:james.may@recsilicon.com)
Nils O. Kjerstad, IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no (mailto:nils.kjerstad@crux.no)
About REC Silicon:
REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics industries
worldwide. We combine over 30 years of experience and proprietary technology
with the needs of our customers, and annual production capacity of more than
20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on
the Oslo Stock Exchange (ticker: REC), the company is headquartered in Lysaker,
Norway.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
https://newsweb.oslobors.no/message/515456
REC Silicon - Key information relating to subsequent offering to be carried out by REC Silicon ASA
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.
Lysaker, 14 October 2020 - Reference is made to the stock exchange notice from
REC Silicon ASA (the "Company") on 14 October 2020 regarding the successful
completion of a private placement of 92,592,592 new shares in the Company (the
"Private Placement") and a potential subsequent offering at the same
subscription price as in the Private Placement (the "Subsequent Offering").
+---------------------------------------+--------------------------------------+
|Date on which the terms and conditions|14 October 2020 |
|of the potential Subsequent Offering| |
|were announced: | |
+---------------------------------------+--------------------------------------+
|Last day including right: |14 October 2020 |
+---------------------------------------+--------------------------------------+
|Ex-date |15 October 2020 |
+---------------------------------------+--------------------------------------+
|Record Date |16 October 2020 |
+---------------------------------------+--------------------------------------+
| |Currently not resolved (see "Other |
|Date of approval |information" below) |
+---------------------------------------+--------------------------------------+
|Maximum number of new shares: |18,518,518 new shares |
+---------------------------------------+--------------------------------------+
|Subscription price |NOK 10.80 per share |
+---------------------------------------+--------------------------------------+
Other information: The Subsequent Offering is subject to (a) completion of the
Private Placement, (b) approval of the authorization of the Board of Directors
for the Subsequent Offering by the Company's shareholders at the extraordinary
general meeting in the Company, and (c) the publication of a prospectus approved
by the Norwegian Financial Supervisory Authority. The board of directors may, in
its sole discretion, decide that the Company shall not carry out the Subsequent
Offering.
For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com (mailto:james.may@recsilicon.com)
Nils O. Kjerstad, IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no (mailto:nils.kjerstad@crux.no)
About REC Silicon:
REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics industries
worldwide. We combine over 30 years of experience and proprietary technology
with the needs of our customers, and annual production capacity of more than
20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on
the Oslo Stock Exchange (ticker: REC), the company is headquartered in Lysaker,
Norway.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
https://newsweb.oslobors.no/message/515456
Redigert 21.01.2021 kl 06:16
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John8
15.10.2020 kl 07:41
5947
For ordens skyld:
Teksten som Sa2ri har limt inn i innlegget rett ovenfor er identisk med teksten i link nr.2 i mitt innlegg kl.01.04 («nøkkelinfo»).
Min link går til RECs hjemmeside slik den ble oppdatert ca kl.00.30 i natt.
Sa2ris link til den samtidige børsmeldingen fra REC.
Teksten som Sa2ri har limt inn i innlegget rett ovenfor er identisk med teksten i link nr.2 i mitt innlegg kl.01.04 («nøkkelinfo»).
Min link går til RECs hjemmeside slik den ble oppdatert ca kl.00.30 i natt.
Sa2ris link til den samtidige børsmeldingen fra REC.
Redigert 21.01.2021 kl 06:16
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John8
15.10.2020 kl 07:49
5872
At skattesaken med Grant County også er løst, jfr Sa2ris innlegg kl.07.25 (med link til børsmelding kl.07.00) er virkelig bra - alle brikker ser ut til å falle på plass nå.
Som fremgår av meldingen forbedrer forliket mellom REC og Grant kommune, Q3-resultatets EBITDA med MUSD 16,0.
Som fremgår av meldingen forbedrer forliket mellom REC og Grant kommune, Q3-resultatets EBITDA med MUSD 16,0.
Redigert 21.01.2021 kl 06:16
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fattigstakkar
15.10.2020 kl 08:45
5645
Fikk ingen emisjonsaksjer, så da får vi håpe det blir mulig å kjøpe ikke alt for langt over emisjonskurs i dag.
Redigert 21.01.2021 kl 06:16
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Ikke jeg heller, men kursen pleier alltid å gå ned til emi pris eller under . Satser på å få kjøpt noe rundt 10kr . Men har egentlig mer enn nok aksjer allerede: ))
Redigert 21.01.2021 kl 03:37
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Null
15.10.2020 kl 08:55
5979
Du får lov til å tegne senere og er garantert ca6,7% av eide pr i går
Redigert 21.01.2021 kl 03:37
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Når kommer tegningsrettene til VPS og hvilken svarfrist er det på om man vil tegne seg for rep.aksjer?
Redigert 21.01.2021 kl 03:37
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GRØNNE FOND kommer til å renne inn i REC ,som kommer til å gå med kjempefortjeneste
Redigert 21.01.2021 kl 03:37
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Sa2ri
15.10.2020 kl 13:32
5465
Kanskje en ide å lese børsmeldingen(e) fra selskapet😳
Redigert 21.01.2021 kl 03:37
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Aker og DnB får ikke delta i reparasjonsemisjonen, så vi får lov til å tegne minimum 9,45% av aksjene vi eide pr i går. Det er sannsynligvis andre aksjonærer som også er utelukket fra rep, så prosenten blir antagelig enda større.
Redigert 21.01.2021 kl 03:37
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KallePlast
15.10.2020 kl 14:21
5149
Mulig den skal nednom en litt lavere kurs, men fyller på her på 12 blank, mer på emi. Deretter sitter jeg long.
Redigert 21.01.2021 kl 03:37
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fattigstakkar
15.10.2020 kl 14:30
5074
Det er da noe, men jeg tegnet meg for dobbelt så mange aksjer som jeg hadde fra før, og hadde håpet å få dem.
Redigert 21.01.2021 kl 03:37
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...så det er slik nå at 100k aksjer gir 10k nye emi til 10,88..??
Redigert 21.01.2021 kl 03:37
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Hvordan går man frem for å tegne seg på..? Hilsen nykommer på børs (hadde aksjer i rec i går og dag)
Redigert 21.01.2021 kl 03:37
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KallePlast
15.10.2020 kl 14:49
4916
Ser ut som det sitter langt inne å presse aksjen under 12
Redigert 21.01.2021 kl 03:37
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halvpris
15.10.2020 kl 15:08
4807
Skuffa over bare 10% i rep emi
Redigert 21.01.2021 kl 03:37
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fattigstakkar
15.10.2020 kl 15:23
4708
Hvis du hadde aksjer i går vil du bli kontaktet av selskapet via VPS med forklaring om hvordan du gjør det. Normalt er det et skjema du fyller ut. I gamle dager måtte det sendes på fax eller post, men regner med det må være mulig å gjøre elektronisk nå.
Redigert 21.01.2021 kl 03:37
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Når? Det står ex-date 15.10, som jo er i dag. Finner ingen ting på VPS. Siden jeg har en god del aksjer, vil jeg helst ikke miste denne muligheten. Har cash klar til det jeg får.
Redigert 21.01.2021 kl 03:37
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Null
15.10.2020 kl 17:52
4399
Sol er bra
Du får melding om når det skjer, men det er ikke vedtatt ennå.
Emisjonen er blir gjort i to / tre steg
Først innefor dagens fulmakt til styret ca 10% så de resterende etter EGF og på samme EGF blir det vedtatt en rep emisjon for de som eide aksjer når OSE stengte i går. ex-date i dag er den første dagen man ikke får rettigheter på de aksjene man kjøper.
Du får melding om når det skjer, men det er ikke vedtatt ennå.
Emisjonen er blir gjort i to / tre steg
Først innefor dagens fulmakt til styret ca 10% så de resterende etter EGF og på samme EGF blir det vedtatt en rep emisjon for de som eide aksjer når OSE stengte i går. ex-date i dag er den første dagen man ikke får rettigheter på de aksjene man kjøper.
Redigert 21.01.2021 kl 03:37
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Supert. Takk for avklaring for en som ikke er helt med på alle begreper og sjargong.
Redigert 21.01.2021 kl 03:37
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fattigstakkar
15.10.2020 kl 18:52
4151
Styret vil også se an kursutviklingen. Hvis kursen stabiliserer seg under emisjonskursen blir den kansellert. Sånn sett har vi en fordel sammenlignet med de som tegnet seg nå. Vi vil få aksjer hvis det lønner seg, men slipper hvis det ikke lønner seg.
Redigert 21.01.2021 kl 03:37
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