INSR – Private Placement successfully completed

Booking.com

Oslo, October 10th, 2019

Reference is made to the stock exchange release dated October 10th, 2019, where Insr Insurance Group ASA announced its intention to issue up to 13 468 750 new shares in a private placement, corresponding to around 10% of the outstanding share capital.

The company is pleased to announce that it successfully raised NOK 103.7 million in gross proceeds in the private placement through the conditional allocation of all 13 468 750 shares at a subscription price of NOK 7.70 per share. This represents a 4.7% discount to today’s closing price of NOK 8.08.

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Source: INSR – Private Placement successfully completed

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