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    Ocean Yield launches IPO

    Company News // July 12, 2013

    Ocean Yield ASA has resolved to launch an initial public offering (IPO) of 33,500,000 shares for gross proceeds of NKr 1,005 million to NKr 1,139 million and has also resolved to apply for a listing of its shares on the Oslo Børs or Oslo Axess.

    Assuming that all of the offer shares are issued, and no over-allotment, the shares will represent approximately 25 per cent of the shares in the issuer.

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