REC Silicon ASA: Share capital increase registered
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Fornebu, 22 July 2015, Reference is made to the stock exchange notice published by REC Silicon ASA (the "Company", ticker "REC") on 16 July 2015 regarding the result of the private placement of 230,000,000 new shares, each with a par value of NOK 1.00, at a price of NOK 1.55 per share (the "Private Placement").
The share capital increase pertaining to the 230,000,000 new shares issued in the Private Placement has now been registered with the Norwegian Register of Business Enterprises.
The Company's new registered share capital is NOK 2,543,818,785.00 corresponding to a total of 2,543,818,785 shares with a nominal value of NOK 1.00 per share.
For further information, please contact:
Phone: +1 509 793 8127
Nils O. Kjerstad
IR Contact Europe
Phone: +47 9135 6659
About REC Silicon
REC Silicon ASA is a leading innovator of advanced silicon materials, supplying to solar and electronics industries worldwide. We utilize 30 years' experience and best-in-class proprietary technology to deliver on customer expectations. Combined, our two U.S. based plants have a 20,000 MT high-purity polysilicon capacity, and nearly 30,000 MT capacity of silicon gas. REC Silicon is headquartered in Moses Lake, Washington and employs approximately 720 people. Listed on the Oslo Stock Exchange under the ticker: REC.