BlueNord investors complete secondary share placement

Kite Lake Capital Management (UK) LLP and Taconic Capital Advisors UK LLP, collectively the "Sellers," have successfully completed a secondary placement of 1,000,000 shares in BlueNord ASA. The shares, representing approximately 3.77% of BlueNord's outstanding shares, were sold at a price of NOK 425 per share.

Following the offering, Kite Lake now holds 3,561,120 shares (approximately 13.44%), falling below the 15% disclosure threshold. Taconic holds 4,366,319 shares (approximately 16.48%). Both sellers have entered into a customary 60-day lock-up commitment for their remaining shares.

Clarksons Securities AS, SB1 Markets AS, and Stifel Nicolaus Europe Limited & Stifel Europe AG acted as joint global coordinators and joint bookrunners for the offering.