Announcement Variation
Content Languages: 
0146/00021731/el
Εκδόσεις Νέων/Επιπρόσθετων χρηματοοικονομικών μέσων
S.D. STANDARD DRILLING PLC
SDSD - S.D. STANDARD DRILLING PLC
SDSD Issue of New Shares

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR TO U.S. NEWS WIRE

SERVICES OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER

JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

SDSD: NEW SHARE CAPITAL 

 

Limassol, Cyprus, 13 November 2017

 

Reference is made to the announcement made on 6 November 2017 for the close of

Tranche 2 of the Equity Offering in S.D. Standard Drilling Plc. ("SDSD" or the

"Company"). 

 

The Company will today issue a total of 7,239,687 new shares, thereby increasing

the Company's share capital from US$ 15,063,602 to US$ 15,280,793 constituting

an increase from 502,120,070 shares to 509,359,757 shares, each with a par value

of US$ 0.03. 

 

The Offer Shares in Tranche 2 will be listed on Merkur Market under a separate

ISIN number being CY0107450914 from and including today, 13 November 2017 and

until an approval of a prospectus by the Norwegian Financial Supervisory

Authority, expected mid-December 2017. 

 

Clarksons Platou Securities AS has acted as Sole Manager and Bookrunner in the

Equity Offering. 

 

For further information please contact:

 

General Manager Evangelia Panagide at +357 99 77 11 16, or

Chairman of the Board Martin Nes at +47 92 01 48 14

Regulated
Filing Date: 13/11/2017 11:16

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