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Wireless

Ice Group announces private placement of new shares to raise NOK 1.2 billion to NOK 1.5 billion

Friday 18 January 2019 | 08:24 CET | News
Ice Group said it is considering a private placement of new shares with the aim to raise NOK 1.2 billion to NOK 1.5 billion gross at a subscription price of NOK 20 per share. This follows the postponement of the initial public offering (IPO) of Ice Group's shares announced in early December. The proceeds would be used to continue its network expansion and to cover costs of the national roaming agreement with Telia in Norway, as well as for working capital and general corporate purposes.

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Categories: Mobile & Wireless
Companies: ICE
Countries: Norway
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