REC: Registered share capital increase


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN OR SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Sandvika, September 12, 2012: Reference is made to the stock exchange notice dated September 4, 2012 regarding the subsequent offering (the "Subsequent Offering") in Renewable Energy Corporation ASA ("REC" or the "Company") comprising the issuance of 250,000,000 new shares. The share capital increase pertaining to the Subsequent Offering has now been registered with the Norwegian Register of Business Enterprises.

The Company's new registered share capital is NOK 2,113,818,785, divided into 2,113,818,785 shares, each with a nominal value of NOK 1.00.

The new shares issued in the Subsequent Offering will be immediately listed on Oslo Børs.

For further information, please contact:

Mikkel Tørud, VP & IRO, phone: +47 976 99 144

Important notice

This announcement is not an offer for sale of securities in the United States or any other country in which such offer would be unlawful or would require a prospectus, registration or other measures. The securities referred to herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. REC does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Hong Kong, Japan or Switzerland, or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)