22 de marzo de 2017 / 7:07 / hace 9 meses

BRIEF-SD Standard Drilling to acquire 2.5 mln shares in New World Supply Ltd.

March 22 (Reuters) - SD Standard Drilling PLC:

* S.D. Standard Drilling Plc (SDSD) entered into an agreement with Royal London Asset Management (RLAM) to acquire 2,500,000 shares in New World Supply Ltd. (NWS)

* As a consideration for 2,500,000 shares in NSW, SDSD will issue 35,000,000 new shares in SDSD to RLAM, each to a subscription price of 0.75 crown per new share, corresponding to 26,250,000 Norwegian crowns ($3.10 million)

* Company will hold about 23.3% of total outstanding shares in NWS subsequent transaction Source text for Eikon: Further company coverage: ($1 = 8.4729 Norwegian crowns) (Gdynia Newsroom)

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