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NEL ASA: Oversubscribed Subsequent Offering

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OSLO, Norway--(BUSINESS WIRE)--Regulatory News: Reference is made to stock exchange announcements by NEL ASA (OSE:NEL) (the "Company" or "NEL") in connection with the Subsequent Offering. The Subscription Period for the Subsequent Offering ended yesterday, 7 July 2015, at 16:30 CET. The Subsequent Offering was significantly oversubscribed, resulting in gross proceeds of NOK 30 million through the issuance of 22,222,222 new shares at a subscription price of NOK 1.35. The subscribers who were all

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