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Mailing address

Laguneveien 1
5239 Rådal
Bergen, Norway

Visiting address

Laguneveien 1
5239 Rådal
Bergen, Norway

15 May 2018

Share issue NOK 35 million raised

Petrolia NOCO AS has completed a share rights issue where 315 627 shares will be issued, raising NOK 35 million in new equity. The new share capital of NOK 121 million is expected to be recorded at Brønnøysundregistrene in June. Following this share issue, the existing shareholders have paid in NOK 296 million. In addition to existing shareholders, several employees also subscribed.