NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES
Bergen, 30 November 2017
Reference is made to the announcement on 16 November 2017 regarding the launch of the repair offering of up to 12,162,162 offer shares at a subscription price of NOK 3.7 per share (the "Repair Offering") in Monobank ASA (the "Company") directed towards shareholders of the Company as of 17 October 2017 as registered in the Norwegian Central Securities Depositary (the "VPS") on 19 October 2017 (the "Record Date") with the exception of shareholders that (i) were offered to subscribe for shares in the pre-sounding of the Private Placement, (ii) were allocated shares in the Private Placement or (iii) are resident in a jurisdiction outside Norway where such offering would be unlawful, or would require a full prospectus, registration or similar action.
The subscription period for the Repair Offering will close today, 30 November 2017 at 16:30 hours (CET).
Correctly completed subscription forms must be received by ABG Sundal Collier ASA or Pareto Securities AS, or, in the case of online subscriptions, be registered, within this deadline. After the expiry of the subscription period, the subscription rights will have no value, and will be deleted from their registration in the VPS.
Please refer to the national prospectus dated 16 November 2017 (the "Prospectus") for more details regarding the Repair Offering.
The Prospectus including the Subscription Form is available at www.abgsc.no and www.paretosec.com.
Contact:
Bent H. Gjendem, CEO, +47 996 11 996
Lene Sjøbakk, CFO, +47 940 19 896
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About Monobank:
The Company was granted its banking license and a final approval from the Norwegian Financial Supervisory Authority, on 11 November 2015. It commenced regular banking operations on 19 November 2015.
The Company offers unsecured lending to qualified private individuals in Norway and Finland. The Company also offers attractive deposit rates on its savings accounts to private individuals in Norway. Deposits of up to NOK 2 million are guaranteed by the Norwegian Central Banks' Guarantee fund, of which Monobank is a member.
In addition, the Company offers optional payment insurance on loans in Norway in cases of unemployment, illness, death etc.
The Company is headquartered in Bergen and currently has 31 full-time employees.
The Company has been listed on Oslo Stock Exchange's Merkur Market since 16 February 2017 with the ticker symbol "MONO-ME".
Important information:
This announcement is not for publication or distribution, in whole or in part, directly or indirectly, in Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia).
This release is an announcement issued pursuant to legal disclosure of information obligations. It is issued for information purposes only and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Act of 1933, as amended (the "Securities Act"). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act. The Company 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 United States. Copies of this announcement are not being made in, and may not be distributed or sent to, Australia, Canada, Japan or the United States. The subscription or purchase of shares of the Company is subject to specific legal and regulatory restrictions in certain jurisdictions. Neither the Company, ABG Sundal Collier nor Pareto Securities assume any responsibility in the event there is a violation by any person of such restrictions.
The distribution of this release may in certain jurisdictions be restricted by law. Persons into whose possession this release comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute violation of the securities laws of any such jurisdiction. ABG Sundal Collier and Pareto Securities are acting for the Company and no one else in connection with the Subsequent Offering and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to any other matter referred to in this announcement.