18 November 2016

Bergen Group ASA - Extraordinary General Meeting accomplished

Bergen Group ASA has 17 November 2016 accomplished an extraordinary general meeting. All issued resolved upon were were unanimously approved.

Bergen Group ASA (The “Company”) has today 17 November 2016 accomplish an extraordinary general meeting (EGM) in accordance with the Notice distributed 27 October 2016.

In sum 45 776 226 of a total of 60,622,009 shares and votes were represented, which corresponds to 75.51 % of the total number of shares and votes in the Company. The list of attending shareholders is attached to the Minutes enclosed.

As a part of the process of concluding negotiations with creditors and capital sources on a refinancing solution, the board of directors in Bergen Group ASA had proposed that the EGM passed relevant resolutions related to

  1. execute a share capital increase by a private placement with gross proceeds of approx. NOK 22,070,000; and

  2. grant the board of directors authorization to raise a convertible loan of up to EUR 1,800,000; and

  3. carry out a repair offering with gross proceeds of up to NOK 5,282,083

All the above elenents (i), (ii) and (ii) were unanimously approved by the EGM as proposed in the Notice. The complete Minutes can be downloaded here.

For a more detailed status on the refinancing process, reference is made to the quarterly report for the 3rd quarter 2016 to be distributed on 18 November 18 2016.

Contact person;
Hans Petter Eikeland, CEO in Bergen Group ASA, phone +47 932 08 177

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