By Sheri Kasprzak
New York, April 25 - Leroy Seafood Group ASA said it has settled a private placement for NOK 440.3 million.
The company sold 3.4 million shares at NOK 129.50 each.
Pareto Securities ASA was the placement agent.
The proceeds will be used for the acquisition of Fossen AS, a seafood company, and for general investment purposes.
Based in Bergen, Norway, Leroy distributes and markets seafood.
Issuer: | Leroy Seafood Group ASA
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Issue: | Stock
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Amount: | NOK 440.3 million
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Shares: | 3.4 million
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Price: | NOK 129.50
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Warrants: | No
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Placement agent: | Pareto Securities ASA
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Settlement date: | April 24
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Stock symbol: | Oslo: LSG
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Stock price: | NOK 130 at close April 24
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