ob:
Reference is made to the stock exchange notice published on
30 March 2017 regarding the potential sale of up to
20,000,000 shares in Funcom N.V (Funcom) by KGJ
Investments S.A. SICAV-SIF (KGJI), a company controlled by
Mr. Hans Peter Jebsen.
KGJI has today sold 20,000,000 shares in Funcom,
representing 7.88 per cent of the share capital. The shares
were sold at a price of NOK 2.84 per share. After the
transaction, KGJI and other companies, directly or
indirectly, controlled by Mr. Hans Peter Jebsen will
hold/entitled to (depositary ownership) 47,232,367 shares
equal to 18.60 per cent of the share capital in the Company.
Following the above, the Total capital interest for
companies controlled directly or indirectly by Mr. Hans
Peter Jebsen will be 44.64 per cent, whereby this Total
capital interest is calculated as the number of shares
owned plus potential shares issued in the future from
conversion of bonds, divided by the current issued share
capital of Funcom.
Furthermore, KGJI will notify Funcom and relevant parties of
conversion of a portion of its current holding of Funcom
bonds to equity. KGJI intends to convert 3.5 mill bonds
(each denominated with 1 USD) and accrued interest to 34.7
mill shares. Upon such conversion, companies controlled
directly or indirectly by Mr. Hans Peter Jebsen will have a
total shareholding in Funcom of 28.4 per cent, which
represents an increase from the 26.47 per cent shareholding
prior to the share sale and bond conversion.
ABG Sundal Collier ASA acted as manager and bookrunner in
the transaction.
Source Url: http://www.newsweb.no/index.jsp?messageId=423852