Atlantic Sapphire Proposes Increase Of Rights Issue

T-Reuters09-16

Atlantic Sapphire ASA :Said On Friday Resolved To Propose Increase In Size Of Rights Issue To Nok-Equivalent Of Usd 64 Million From Nok-Equivalent Of Usd 60 Million .This Is Aimed At Providing Company With Additional Buffer Capital.Underwriting Of Rights Issue Will Not Be Affected By Increase In Transaction Size.Underwritten Amount Will Still Be Nok Equivalent Of Usd 60 Million.

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