BRIEF-Hafnia: Contemplated Block Sale Of Existing Shares In Company
March 19 (Reuters) - Hafnia Ltd:
* CONTEMPLATED BLOCK SALE OF EXISTING SHARES IN HAFNIA LIMITED (HAFNI)
* BW GROUP LIMITED HAS RETAINED DNB MARKETS, PART OF DNB BANK ASA, FEARNLEY SECURITIES AS, AND PARETO SECURITIES AS AS JOINT GLOBAL COORDINATORS AND JOINT BOOKRUNNERS TO EXPLORE A POTENTIAL BLOCK SALE OF EXISTING SHARES IN HAFNIA LIMITED THROUGH AN ACCELERATED BOOKBUILDING PROCESS
* SELLER IS CONTEMPLATING SELLING UP TO 26,000,000 SHARES IN COMPANY WHICH IS EQUAL TO APPROX. 5.1% OF COMPANY'S OUTSTANDING SHARES
* PRICE AND FINAL NUMBER OF SHARES IN OFFERING WILL BE DETERMINED THROUGH AN ACCELERATED BOOK BUILDING PROCESS DENOMINATED IN NOK
* BOOKBUILDING PERIOD IN OFFERING WILL COMMENCE IMMEDIATELY 19 MARCH 2024 AND WILL CLOSE NO LATER THAN ON 20 MARCH 2024 AT 08:00 CET Source text for Eikon: Further company coverage: (Gdansk Newsroom)