Hunter Group (HUNT)

TekBot · april 24, 2019, 12:27pm

24/04-2019 14:26:51: (HUNT.OAX) Hunter Group ASA - disclosure of proxy votes for the Annual General Meeting on 25 April 2019 (‘AGM’)

TekBot · april 25, 2019, 9:12am

25/04-2019 11:11:12: (HUNT.OAX) Hunter Group ASA - Annual General Meeting held on 25 April 2019

TekBot · april 25, 2019, 9:33am

25/04-2019 11:32:23: (HUNT.OAX) Hunter Group ASA: Share options to primary insiders

The board of directors in Hunter Group ASA (the “Company”) has following today’s
AGM granted options to primary insiders. The annual general meeting in the
Company held on 25 April 2019 approved the long term share options program. The
…

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LTI Options shall vest on the date falling 12 months following the date of
grant, each with a strike price equal to the share price at the next equity
offering following the AGM 2019, alternatively if there are no further equity
issues by 30 June 2019, the strike price for the 1,500,000 LTI Options will be
equal to the closing price on 28 March 2019 (NOK 3.23). The 1,500,000 LTI
Options correspond to approx. 0.4% of the current number of outstanding shares
in Hunter. The total number of LTI Options in the Company, under the terms of
the current LTI rules, in force from time to time, shall in no event exceed 1
percent of the registered number of shares in the Company as per the date of
adoption of new LTI Options.

LTI Options are granted to the following in the senior management:

Sagittarius Capital Ltd., company owned and controlled by Erik A. S. Frydendal,
CEO/CFO of the Company (1,000,000 LTI Options). Erik A. S. Frydendal owns today
150,000 shares, and together with shares held by Sagittarius Capital Ltd., Erik
A. S. Frydendal will following the award of the LTO Options directly/indirectly
control 1,650,000 shares and 1,000,000 LTI Options.

Sujoy Seal, COO of the Company (500,000 LTI Options). Sujoy Seal owns today
125,000 shares, and following the award of the LTO Options Sujoy Seal will
control 125,000 shares and 500,000 LTI Options.

This stock exchange announcement is made pursuant to section 5-2 of the
Norwegian Securities Trading Act.

Oslo, 25 April 2019

For further information, please contact: Erik Frydendal, CEO +47 957 72 947 E
-mail: [email protected]

http://www.netfonds.no/quotes/release.php?id=20190425.OBI.20190425S50

aksjefokus · april 25, 2019, 8:13pm

Ser unik mulighet i Arne Fredlys tankrederi: – Det er nesten ikke mulig å tape penger

Oljeekspert Torbjørn Kjus, nå sjeføkonom i Aker, var meget sentral da investor Arne Fredly på egen hånd inngikk kontrakt om kjøp av fire store oljetankskip som senere ble overtatt av Hunter Group. Fredly eier over en fjerdedel av rederiet.

Torbjørn Kjus har vært med siden den første emisjonen. Hunter er en av hans få investeringer på Oslo Børs.

– Det er et voldsomt potensial der. Den er så kul, den aksjen. Det er nesten ikke nedsidepotensial og så er det mye oppsidepotensial. Det er sjelden du ser så skjev risiko, sier han til DN.

Prisen per skip var på 82,5 millioner dollar. Dette er ifølge Kjus nær den billigste nybyggingsverdien man har sett opp igjennom historien.

– For at du skal kunne tape på dette må stålverdien på nybygg falle ned under det igjen. Prisen på nybygg er allerede opp ti prosent eller mer enn det og er nå rundt 95 millioner dollar, sier Kjus.

Han mener syklusen nå er på vei opp igjen, at det skrapes masse skip og at fraktdistansene tredobles fordi det kommer til å fraktes mer fra Nord-Amerika til Asia fremover.

– Det er nesten ikke mulig å tape penger. Så er det mulig å gå tregangeren hvis det går helt bonanza. Jeg mener, fraktratene kan jo gå i 100.000 om dagen, ikke sant , sier han.

Hunter Group har posisjonert seg for de nye miljøkravene IMO 2020 som blant annet sier at man ikke får brenne bunkersolje uten såkalte «scrubbere», eller eksosrenseanlegg. De nye tankskipene har installert «scrubbere», og vil ifølge Fredly tjene mer enn gamle skip.

– Jeg snakker jevnlig med Torbjørn og må jo gi han litt honnør for å ha sett dette. Vi har jobbet og sjekket verden rundt, spesielt Torbjørn, og møtt alle mulige representanter for IMO og rederier, sa Arne Fredly til DN i mai i fjor.

Hittil i år er Hunter-aksjen opp 13 prosent.

TekBot · mai 1, 2019, 7:47pm

01/05-2019 21:46:42: (HUNT.OAX) Hunter Group ASA - RCF agreement with Apollo Asset Ltd.

Today, on 1 May 2019, Hunter Group ASAs subsidiary Hunter Tankers AS has signed
a short-term USD 3.0 million revolving credit facility agreement with the
company’s largest shareholder, Apollo Asset Ltd., a company owned by board
…

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member Mr. Arne Fredly.

The USD 3.0 million facility carries a total interest rate of 5.00% p.a., all
inclusive. The outstanding amount under the facility is secured by parent
guarantee from Hunter Group ASA. The facility is available as from the date
hereof, and any outstanding amount must be repaid at the latest on the date
prior to the date for the first VLCC delivery. Apollo Asset Ltd. may cancel the
facility at any time, whereupon any outstanding amount become due and payable,
on the earliest of (i) the date falling one month after such demand, and (ii)
the date prior to the date for the first VLCC delivery.

The facility does not include any financial covenants and may be used to
partially finance the group’s current newbuilding program and for general
corporate purposes.

This stock exchange announcement is made pursuant to section 5-2 of the
Norwegian Securities Trading Act.

Oslo, 1 May 2019

For further information, please contact: Erik Frydendal, CEO +47 957 72
947 (http://tel+47%20957%2072%20947) E-mail: [email protected]

http://www.netfonds.no/quotes/release.php?id=20190501.OBI.20190501S14

Rahl · mai 3, 2019, 6:19am

aksjefokus · mai 15, 2019, 6:18pm

Finanseringen skal være på plass før 17 Mai, har selskapet uttalt. Jeg er usikker på hva som skjer her, men forventer at de kommer med melding om dette før 31. Mai.

mtryfoss · mai 15, 2019, 7:56pm

Leser også på hegnar forum at Finansavisen har to artikler i morgendagens avis som igjen er superbull på storbank. Snakkes om rater på 70k mot slutten av året.

aksjefokus · mai 15, 2019, 9:08pm

Vi får se, men jeg blir ikke overrasket om vi ser rater på $60-70K. Nybyggene kommer på rekke og rad på slutten av året. 1 VLCC i hhv Oktober, November Desember, Januar.

Om snittet er på $60k dagen i 2020, så har Hunter en P/E på 2-3-tallet…

Jeg ønsker ikke tenke på hvordan det vil se ut om du får en real spreadutgang på HFO - MGO og. rater på $100K. I dette markedet kan alt skje, og volatiliteten er ekstrem.

Det er verdt å merke seg Hunter vil få cash-back i spot markedet fordi man blir kompensert i World Scale for drivstoff forbruk. Hunter sine skip vil bruke mindre enn WS kompensasjonen, noe som vil gå rett på bunnlinjen. Høyere spread mellom HFO og MGO vil derfor være alfaomega.

TekBot · mai 21, 2019, 9:01am

21/05-2019 11:00:03: (HUNT.OAX) Hunter Group ASA: CONTEMPLATED EQUITY SHARE CAPITAL INCREASE

(Oslo, 21 May 2019)

Hunter Group ASA (the “Company”) announces that it is contemplating an equity
…

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share capital increase of up to 190,454,000 new common shares. The proceeds from
the contemplated transaction will be used to partly fund the Company’s
newbuilding capex commitments. This is in line with the Company’s previous
communication regarding its ongoing funding requirements.

An equity private placement may follow after close of trading on 22 May 2019
subject to, inter alia, market conditions.

Contact: Erik Frydendal, CEO [email protected] +47 957 72 947 Additional
information about the Company can be found at: www.huntergroup.no

*** Important information: The release is not for publication or distribution,
in whole or in part directly or indirectly, in or into Australia, Canada, Japan
or the United States (including its territories and possessions, any state of
the United States and the District of Columbia). This release is an announcement
issued pursuant to legal information obligations and is subject of the
disclosure requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act. It is issued for information purposes only and does not constitute
or form part of any offer or solicitation to purchase or subscribe for
securities, in the United States or in any other jurisdiction. The securities
mentioned herein have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the “US Securities Act”). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act. The
Company does not intend to register any portion of the offering of the
securities in the United States or to conduct a public offering of the
securities in the United States. Copies of this announcement are not being made
and may not be distributed or sent into Australia, Canada, Japan or the United
States. The issue, exercise, purchase or sale of subscription rights and the
subscription or purchase of shares in the Company are subject to specific legal
or regulatory restrictions in certain jurisdictions. Neither the Company nor the
Managers assumes any responsibility in the event there is a violation by any
person of such restrictions. The distribution of this release may in certain
jurisdictions be restricted by law. Persons into whose possession this release
comes should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction. The Managers are acting for the
Company and no one else in connection with the Private Placement and will not be
responsible to anyone other than the Company providing the protections afforded
to their respective clients or for providing advice in relation to the Private
Placement and/or any other matter referred to in this release. Forward-looking
statements: This release and any materials distributed in connection with this
release may contain certain forward-looking statements. By their nature, forward
-looking statements involve risk and uncertainty because they reflect the
Company’s current expectations and assumptions as to future events and
circumstances that may not prove accurate. A number of material factors could
cause actual results and developments to differ materially from those expressed
or implied by these forward-looking statements.

http://www.netfonds.no/quotes/release.php?id=20190521.OBI.20190521S54

TekBot · mai 22, 2019, 2:36pm

22/05-2019 16:35:30: (HUNT.OAX) Hunter Group ASA: ANNOUNCEMENT OF CONTEMPLATED PRIVATE PLACEMENT TERMS

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

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UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
Oslo, 22 May 2019

Reference is made to the stock exchange notice published 21 May 2019 where
Hunter Group ASA (the “Company”) announced that it is contemplating a share
capital increase of up to 190,454,000 new shares(the “Offer Shares”).

The Company is pleased to announce the terms of a private placement for the
Offer Shares at a fixed price of NOK 3.65 per share (the “Private Placement”)
and that it has mandated ABG Sundal Collier, Arctic Securities, Clarksons Platou
Securities, Danske Bank, DNB Markets, Fearnley Securities, Nordea Bank, Pareto
Securities and SEB (jointly the “Managers”) as Joint Lead Managers and
Bookrunners to advise on and effectuate the Private Placement.

The Private Placement is directed towards investors subject to and in compliance
with applicable exemptions from relevant prospectus or registration
requirements.

Based on indications the Company has received so far from Apollo Asset Ltd. as
well as other certain key shareholders, the book is fully covered for the full
deal amount and will be allocated at least their pro rata share of the Private
Placement.

Existing shareholders will be given priority in allocations.

The application period for the Private Placement will start Wednesday 23 May
2019, at 16:30 CEST and close on Thursday 24 May 2019 at 08:00 CEST. The Company
reserves the right to close or extend the application period at any time at its
sole discretion. The minimum order size and allocation in the Private Placement
will be the NOK equivalent of EUR 100,000. Allocation of Offer Shares will be
made at the discretion of the Company’s Board of Directors in consultation with
the Managers, on or about 24 May 2019, and notification of allotment will be
sent to the applicants by the Managers on or about 24 May 2019, subject to any
shortening or extension of the application period. Completion of the Private
Placement is conditional upon the Offer Shares having been fully paid and
validly issued.

In order to facilitate timely delivery of already listed shares, delivery of
Offer Shares allocated in the Private Placement is expected to be made by
delivery of existing shares in the Company borrowed by the Managers from Apollo
Asset Ltd. The shares delivered to investors in the Private Placement will thus
be tradable on Oslo Børs immediately after allocation. The Managers will settle
the share loan from Apollo Asset Ltd with the new shares issued in connection
with the Private Placement. The new shares will be registered under a separate
ISIN pending approval of a listing prospectus by the Financial Supervisory
Authority of Norway, and will not be listed or tradable on Oslo Børs until the
listing prospectus has been approved, expected during June 2019 in connection
with a planned subsequent repair issue (the “Subsequent Issue”)

The Offer Shares will be delivered through the Norwegian Central Securities
Depository (the “VPS”). Payment for the Offer Shares is expected to take place
on or about 27 May 2019 (the “Payment Date”) and delivery of the Offer Shares is
expected to take place on or about 27 May 2019 (the “Delivery Date”).

The proceeds from the Private Placement will be used to partly fund the
Company’s capex commitments in relation to its 8 VLCC newbuidlings currently
under construction at DSME (the “Newbuildings”).

In connection with the Private Placement, the Company is pleased to announce the
following positive developments that further strengthens the Company’s business
strategy and the investment case:

Bank financing:

The Company has received binding commitments for a 5-year USD 420 million senior
secured term loan with Danske Bank, DNB Bank, Nordea Bank and Skandinaviska
Enskilda Banken, at a margin of 275 bps and an amortization profile of 16 years.
Under the terms of the agreement the Company can draw up to 60% of the
construction cost for each Newbuilding at their respective delivery dates.

Earlier delivery of the Newbuildings:

The Company has negotiated earlier delivery of its Newbuildings with the
shipyard by moving forward the delivery dates by 1-3 months. As a consequence, 4
of the Company’s vessels will be on the water within year end 2019 (two in
September and two in October), well positioned to benefit from the effects of
the upcoming IMO 2020 regulations.

Selection of technical manager:

After a careful review and due diligence process, the Company has selected OSM
Ship Management as the technical manager for all the Company’s newbuildings at
attractive and competitive terms.

Potential sale of vessels:

The Company has received a bid from a third party buyer for two of its
Newbuildings at an en bloc sales price of USD 196m (USD 98m per vessel) and the
Company is currently in advanced discussion with the buyer in finalizing a sale.

If the vessel sales materialize, the Company expects to be have a fully funded
newbuilding program post completion of the Private Placement.

Contact: Erik Frydendal, CEO [email protected] +47 957 72 947 Additional
information about the Company can be found at: www.huntergroup.no

*** Important information: The release is not for publication or distribution,
in whole or in part directly or indirectly, in or into Australia, Canada, Japan
or the United States (including its territories and possessions, any state of
the United States and the District of Columbia). This release is an announcement
issued pursuant to legal information obligations and is subject of the
disclosure requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act. It is issued for information purposes only and does not constitute
or form part of any offer or solicitation to purchase or subscribe for
securities, in the United States or in any other jurisdiction. The securities
mentioned herein have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the “US Securities Act”). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act. The
Company does not intend to register any portion of the offering of the
securities in the United States or to conduct a public offering of the
securities in the United States. Copies of this announcement are not being made
and may not be distributed or sent into Australia, Canada, Japan or the United
States. The issue, exercise, purchase or sale of subscription rights and the
subscription or purchase of shares in the Company are subject to specific legal
or regulatory restrictions in certain jurisdictions. Neither the Company nor the
Managers assumes any responsibility in the event there is a violation by any
person of such restrictions. The distribution of this release may in certain
jurisdictions be restricted by law. Persons into whose possession this release
comes should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction. The Managers are acting for the
Company and no one else in connection with the Private Placement and will not be
responsible to anyone other than the Company providing the protections afforded
to their respective clients or for providing advice in relation to the Private
Placement and/or any other matter referred to in this release. Forward-looking
statements: This release and any materials distributed in connection with this
release may contain certain forward-looking statements. By their nature, forward
-looking statements involve risk and uncertainty because they reflect the
Company’s current expectations and assumptions as to future events and
circumstances that may not prove accurate. A number of material factors could
cause actual results and developments to differ materially from those expressed
or implied by these forward-looking statements.

http://www.netfonds.no/quotes/release.php?id=20190522.OBI.20190522S107

mtryfoss · mai 22, 2019, 4:47pm

@aksjefokus - hva er dine tanker rundt siste meldinger her? Med unntak at jeg gjerne skulle sett alle båtene i drift med Hunter-flagg, må da dette være en god løsning?

Rep-emi i Juni nevnes vel også.

aksjefokus · mai 22, 2019, 5:09pm

Meldingen er utelukket god. Kunne vel helst ønsket at emisjonen gikk på 3.77, men det er flisespikkeri. Det blir nok ingen rep-emi her.

mtryfoss · mai 22, 2019, 5:16pm

Hva mener de da med dette?

aksjefokus · mai 22, 2019, 5:19pm

Den gikk meg hus forbi!

Evilfreud · mai 22, 2019, 5:26pm

Noen som skal tegne seg? eller er boka full allerede?

Ser det kom mail fra megler for noen timer siden.

mtryfoss · mai 22, 2019, 5:55pm

Det var vel minimum 100k EUR nå i denne omgang? Litt mer enn min plan her

Evilfreud · mai 22, 2019, 5:57pm

Yep, min 100k euro , 3,65nok pr aksje.

TekBot · mai 23, 2019, 6:46am

23/05-2019 08:45:32: (HUNT.OAX) Hunter Group ASA: Private placement successfully completed

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 THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

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UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
23 May 2019

Reference is made to the stock exchange notice released by Hunter Group ASA (the
“Company”, ticker HUNT) on 22 May 2019 regarding a contemplated private
placement (the “Private Placement”) of new shares in the Company. The Company is
pleased to announce that the Private Placement was successfully placed, raising
gross proceeds of approximately NOK 695 million through the allocation of
190,454,000 shares (the “New Shares”) at a subscription price of NOK 3.65 per
share. The Private Placement was significantly oversubscribed with high
participation from existing shareholders.

Allocation notices will be distributed to investors on 23 May, by the Managers,
once the Board of Directors have completed the allocation process.

Completion of the Private Placement implies a deviation from the existing
shareholders’ pre-emptive rights to subscribe for and be allocated new shares.
The board of directors has carefully considered such deviation and has resolved
that the Private Placement is in the best interests of the Company and its
shareholders. In reaching this conclusion the board of directors has inter alia
considered the implications of an underwritten rights issue given the volatility
and negative development in the Company’s share price, alternative financing
sources, the dilutive effect of the share issue, the investor interest in the
transaction, the strengthening of the shareholder base that will be achieved by
the Private Placement, and that a subsequent offering is expected to be carried
out.

The new shares allocated in the Private Placement will be settled through a
delivery versus payment transaction on a regular t+2 basis by delivery of
existing and unencumbered shares in the Company that are already listed on the
Oslo Stock Exchange pursuant to a share lending agreement between the Managers,
the Company and Apollo Asset Ltd. The shares delivered to the subscribers will
thus be tradable after allocations have been communicated. Following
registration of the new share capital pertaining to the Private Placement, the
Company will have 575,362,013 shares outstanding, each with a par value of NOK
1.25.

The Board of Directors of the Company has resolved to call for an extraordinary
general meeting to propose a subsequent offering of up to 19,045,400 new shares
towards the Company’s shareholders as of 22 May 2019 (as documented by the
shareholder register in the Norwegian Central Securities Depository (VPS) as of
the end of 24 May 2019) who were not allocated shares in the Private Placement
(the “Subsequent Offering”). The subscription price in the Subsequent Offering
will be equal to the subscription price in the Private Placement.

Contact: Erik Frydendal, CEO, [email protected] +47 957 72 947

Additional information about the Company can be found at: www.huntergroup.no

*** Important information: The release is not for publication or distribution,
in whole or in part directly or indirectly, in or into Australia, Canada, Japan
or the United States (including its territories and possessions, any state of
the United States and the District of Columbia). This release is an announcement
issued pursuant to legal information obligations and is subject of the
disclosure requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act. It is issued for information purposes only and does not constitute
or form part of any offer or solicitation to purchase or subscribe for
securities, in the United States or in any other jurisdiction. The securities
mentioned herein have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the “US Securities Act”). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act. The
Company does not intend to register any portion of the offering of the
securities in the United States or to conduct a public offering of the
securities in the United States. Copies of this announcement are not being made
and may not be distributed or sent into Australia, Canada, Japan or the United
States. The issue, exercise, purchase or sale of subscription rights and the
subscription or purchase of shares in the Company are subject to specific legal
or regulatory restrictions in certain jurisdictions. Neither the Company nor the
Managers assumes any responsibility in the event there is a violation by any
person of such restrictions. The distribution of this release may in certain
jurisdictions be restricted by law. Persons into whose possession this release
comes should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction. The Managers are acting for the
Company and no one else in connection with the Private Placement and will not be
responsible to anyone other than the Company providing the protections afforded
to their respective clients or for providing advice in relation to the Private
Placement and/or any other matter referred to in this release. Forward-looking
statements: This release and any materials distributed in connection with this
release may contain certain forward-looking statements. By their nature, forward
-looking statements involve risk and uncertainty because they reflect the
Company’s current expectations and assumptions as to future events and
circumstances that may not prove accurate. A number of material factors could
cause actual results and developments to differ materially from those expressed
or implied by these forward-looking statements.

http://www.netfonds.no/quotes/release.php?id=20190523.OBI.20190523S24

TekBot · mai 23, 2019, 6:55am