Reference is made to the stock exchange announcement dated August 20, 2012 and the prospectus dated July 27, 2012 (the "Prospectus") regarding, inter alia, the subsequent offering of minimum 1 and maximum 250,000,000 new shares (the "Offer Shares") at a subscription price of NOK 1.50 per Offer Share (the "Subsequent Offering") in Renewable Energy Corporation ASA ("REC" or the "Company").
The subscription period for the Subsequent Offering will end on September 3, 2012 at 16.30 hours (CET).
Subscription rights allocated in the Subsequent Offering (the "Subscription Rights") not used to subscribe for Offer Shares prior to expiry of the subscription period will have no value and will lapse without compensation to the holder. The Subsequent Offering is further described in the Prospectus.
The Prospectus and the subscription form is available at www.recgroup.com/en/ir/refinancing/, www.arcticsec.no, www.dnb.no/emisjoner or www.nordea.no/rec or in hard copy by contacting Arctic Securities ASA, Haakon VIIs gate 5, P.O. Box 1833 Vika, N-0123 Oslo, Norway, Tel: +47 21 01 30 40.
The Subscription Rights can be exercised by duly completing and delivering the subscription form, in accordance with the terms and conditions set out in the Prospectus, to one of the following subscription offices:
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Arctic Securities ASA Haakon VIIs gate 5 P.O. Box 1833 Vika N-0123 Oslo, Norway Fax: +47 21 01 31 36 Tel: +47 21 01 30 40 www.arcticsec.no |
DNB Markets Registrars Department Stranden 21 N-0021 Oslo, Norway Fax: +47 22 48 29 80 Tel: +47 23 26 81 01 www.dnb.no/emisjoner |
Nordea Bank Norge ASA Securities Services - Issuer Services P.O. Box 1166 Sentrum N-0107 Oslo, Norway Fax: +47 22 48 63 49 Tel: +47 22 48 62 62 www.nordea.no/rec |
Residents of Norway with a Norwegian personal identification number can subscribe for Offer Shares online by accessing one of the web pages above.
Arctic Securities ASA (Coordinator), DNB Markets, a part of DNB Bank ASA and Nordea Markets, a part of Nordea Bank Norge ASA, are acting as joint lead managers and bookrunners for the Subsequent Offering (collectively, the "Managers").
Any questions or requests for assistance concerning the Subsequent Offering should be directed to one of the subscription offices mentioned above.
