8/102 sources · 2 publishersUpdated Oct 8, 16:25 UTC
Hafnia Limited issues 35.5 million new shares, raising roughly $300 million
Hafnia Limited completed an offering of 35,488,875 ordinary shares, generating gross proceeds of about USD 300 million. The new shares were issued to the settlement agent to return shares borrowed from BW Group under a share‑lending agreement. After the issuance the company’s share count rose to 535,331,154 fully paid shares, all listed on Euronext Oslo Børs.
Why it matters
The capital increase provides Hafnia with approximately $300 million of cash while diluting existing shareholders. The additional shares also settle the share‑lending transaction with BW Group, clearing the delivery‑versus‑payment obligation from the offering.
Key facts
- 1Hafnia issued 35,488,875 new ordinary shares. finance.yahoo.com
- 2The issuance raised gross proceeds of the NOK equivalent of approximately USD 300 million. finance.yahoo.com
- 3Following the issuance, Hafnia has 535,331,154 ordinary shares outstanding, all fully paid. finance.yahoo.com
- 4The new shares were issued to settle a share‑lending agreement with BW Group Limited. finance.yahoo.com
- 5The shares are admitted to trading on Euronext Oslo Børs under the existing ISIN code. finance.yahoo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.