Saga Pure ASA: Key information relating to the Subsequent Offering

Reference is made to the announcement by Saga Pure ASA on 21 December 2020 concerning a private placement with total gross proceeds of NOK 87 million and a contemplated subsequent offering (the “Subsequent Offering“).Date on which the terms of the Subsequent Offering was announced: 21 December 2020
Last day including right: 21 December 2020
First day excluding right: 22 December 2020
Record date: 23 December 2020
Board resolution date: Not yet determined
Maximum number of new shares: 4,900,000
Subscription price: NOK 2.90
Shall the rights be listed: NoLaunch of the Subsequent Offering will be conditional upon; (i) the prevailing market price of the Company’s shares, (ii) relevant corporate resolutions being passed by the Company’s Board of Directors, and (iii) approval and publication of a prospectus by the Norwegian Financial Supervisory Authority.Further information about the Subsequent Offering will be given in due course.This information is published in accordance with the requirements of the Continuing Obligations.