Oslo, 5 November 2014
ITOCHU Corporation, Scatec Invest AS and Scatec Solas Ansatte AS have sold shares in Scatec Solar ASA (the “Company“) in accordance with a green-shoe option granted to the managers for the initial public offering and listing of the Company as previously announced. The sale pursuant to the green-shoe option is carried out at a price per share of NOK 19 and includes the sale of:
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227 052 shares by ITOCHU Corporation. ITOCHU Corporation holds 20 268 657 shares in the Company subsequent to the sale, corresponding to a shareholding of approximately 21.60%.
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51 184 shares by Scatec Invest AS. Scatec Invest AS holds 921 106 shares in the Company subsequent to the sale, corresponding to a shareholding of approximately 0.98%.
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8 531 shares by Scatec Solar Ansatte AS. Scatec Solar Ansatte AS holds 153 517 shares in the Company subsequent to the sale, corresponding to a shareholding of approximately 0.16%.
None of ITOCHU Corporation, Scatec Invest AS or Scatec Solar Ansatte AS owns any rights to acquire shares in Scatec Solar ASA. Subsequent to the sale, Scatec AS, together with Scatec Invest AS and Scatec Solar Ansatte AS, own 27 651 937 shares in the Company, corresponding to a shareholding of approximately 29.57 %.
This information is subject to the disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.