Sinvest to Issue New Shares

Sinvest ASA has retained Pareto Securities ASA to advise on and effect an equity issue directed towards professional Norwegian and international investors after the close of Oslo Stock Exchange today.

The purpose of the placement is to prepare the company for further development.

The planned directed issue will amount to a maximum of 3 million new shares, equal to approx. 5.2% of existing shares of the company.