NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN CANADA, JAPAN, AUSTRALIA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement published on 7 December 2022 by Nordic Unmanned ASA ("Nordic Unmanned" or the "Company") (ticker: NUMND) announcing the successfully placed private placement of new shares in the Company, with gross proceeds of approximately NOK 70 million (the "Private Placement"), and that the stock exchange announcement published on 20 January 2023 regarding a reduction of the size of the subsequent offering of directed towards eligible shareholders (the "Subsequent Offering"), in which the Company announced that the Subsequent Offering will consist of an offering of up to 8,333,333 new shares in the Company with gross proceeds of up to approximately NOK 50 million

Please see below for updated key information regarding the Subsequent Offering, replacing the key information published on 8 December 2022.

Key information: 

The date on which the terms and conditions of the repair issue were announced: 7 December 2022, as adjusted on 20 January 2023

Last day including right: 7 December 2022 

Ex-date: 8 December 2022 

Record date: 9 December 2022 

Date of approval: EGM held on 22 December 2022

Maximum number of new shares: 8,333,333

Subscription price: NOK 6 per share 

Other information: The Subsequent Offering is conditional on the Board resolving to carry out the Subsequent Offering. Launch of a Subsequent Offering, if carried out, is also contingent on publishing of a prospectus. Further description of the Subsequent Offering and the terms and other circumstances that must be taken into consideration when subscribing for shares will be announced later. 

Disclosure regulation

This information is published in accordance with the requirements of the Continuing Obligations and section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • Knut Roar Wiig, CEO, +47 92 66 66 59, krw@nordicunmanned.com
  • Trond Østerhus, CFO, +47 95 99 08 79, to@nordicunmanned.com

About Nordic Unmanned

Nordic Unmanned is a global provider of high-end drone and data capture products and services, has operational experience from many countries across several continents, and holds industry-leading expertise, Nordic Unmanned supports governmental and industrial clients in the adaption and deployment of unmanned systems and services.

Founded in Norway in 2014, the Group has offices in Sandnes (NO), Molde (NO), Odense (DK), Cranfield (UK), Hasselt (BE), Arnsberg (GER), and Baltimore (US). Nordic Unmanned has one of the world's most comprehensive permits to fly beyond visual line of sight (BVLOS), through its EASA-approved Light UAS operator Certificate (LUC).

The Group is an Original Equipment Manufacturer (OEM) for the drone product lines Staaker, AirRobot, and DroneMatrix, and is also world-leading in the collection of vessel emission data. It is ISO 9001-2015 and AS9100 certified for the operation, maintenance, sale, design, development, and production of unmanned systems and sensor technology.

For more information visit - https://nordicunmanned.com/

Attachments

  • Download announcement as PDF.pdf

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