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Barramundi Group: Key information relating to Subsequent Offering
(SINGAPORE, 8/18/2025)
Barramundi Group Ltd. (the “Company”) (EURONEXT: BARRA) Reference is made to the stock exchange notice dated 15 August 2025 in relation to the notice of an extraordinary general meeting (“EGM”).
As set out in the notice of the EGM, the Company’s Board of Directors have proposed that the EGM resolve, among other things, to complete a private placement and a subsequent offering of new ordinary shares in the capital of the Company as part of the implementation of the scheme of arrangement sanctioned by the General Division of the High Court of the Republic of Singapore on 14 July 2025.
Eligible shareholders will be shareholders of the Company as at the Record Date (as set out below) who are (i) not subscribers in the private placement referred in the EGM notice and (ii) not resident in a jurisdiction where such offering would be unlawful or would require any filing, registration or similar action of a registration document or prospectus.
Last trading day including allocation rights:1 September 2025
Ex-date: 2 September 2025
Record Date: 3 September 2025
Date of approval: 1 September 2025, subject to approval by shareholders of the Company at the EGM
Maximum number of new Ordinary Shares: 45,476,503
Subscription price: SGD 0.0289 (equivalent to approximately NOK 0.231)
New Ordinary Shares allocation: 1.77566 Ordinary Shares for each existing Ordinary Share held as at Record Date, rounded down to the nearest whole share
Subscription period: 5 September 2025, 09:00 CEST to12 September 2025, 16:30 CEST
The launch of the Subsequent Offering is subject to approval by the shareholders of the Company at the EGM. Further terms of the Subsequent Offering will be announced upon commencement of the subscription period.