Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Norwegian Air Shuttle ASA    NAS   NO0010196140

NORWEGIAN AIR SHUTTLE ASA

(NAS)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Norwegian Air Shuttle ASA : (NAS) - Additional shares and perpetual bonds released from lock-up

10/09/2020 | 01:01am EST
Reference is made to the previous stock exchange announcements by Norwegian Air
Shuttle ASA (the "Company"), regarding the public offering of new shares in the
Company, and the conversion of bond, lease and vendor debt into equity in the
Company and convertible perpetual bonds as further described in the Company's
prospectus dated 5 May 2020 (the "Prospectus") and subsequent announcements.

Certain amounts of shares and perpetual bonds that have been issued as described
in the abovementioned announcements are subject to lock-up regulations that
expire on 9 October 2020 or 9 December 2020. Accordingly, 897,345,343 Company
shares shall on 9 October 2020 be released from lock-up and transferred to the
Company's ordinary ISIN NO0010196140.

In addition, perpetual bonds in a nominal amount of NOK 739,236,984 (including
amounts issued in other currencies exchanged into NOK at the fixed exchange rate
set out in the applicable perpetual bond agreements) shall on 9 October 2020 be
released from lock-up. Such perpetual bonds shall become transferrable and may
in the option of the holder be converted into approximately 173,971,269 ordinary
shares in the Company, subject to certain adjustment provisions including
Euro-market standard anti-dilution provisions. See section 5.5 of the Prospectus
and the stock exchange announcement of the Company dated 30 September 2020 for a
further description of the perpetual bonds.

For further information, please contact: 
Tore Østby, EVP Strategic Development, phone: +47 995 464 00



Important information 

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia) or in any other jurisdiction where such publication or
distribution is unlawful. This release is an announcement issued pursuant to
legal information obligations, and is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued
for information purposes only, and does not constitute or form part of any offer
or solicitation to purchase or subscribe for securities, in the United States or
in any other jurisdiction. The securities mentioned herein have not been, and
will not be, registered under the United States Securities Act of 1933, as
amended (the "US Securities Act"). The securities may not be offered or sold in
the United States except pursuant to an exemption from the registration
requirements of the US Securities Act.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

All news about NORWEGIAN AIR SHUTTLE ASA
11/25Reduced to meeting online, airlines vow to keep fighting
RE
11/25Israel's El Al Airlines considers public bond sale in fight for survival
RE
11/24Chinese State Reduces Stake in Norwegian Air to 4.92%
DJ
11/24BOC Aviation cuts stake in Norwegian Air to 4.9%
RE
11/24BOC AVIATION : Norwegian air shuttle asa - disclosure of sale of shareholding
AQ
11/24RYANAIR WANTS TO BE 'AT THE FRONT OF : Ceo
RE
11/24Wizz Air boss blasts slot waiver limiting Gatwick access
RE
11/24NORWEGIAN AIR SHUTTLE : Norway extends duration of pandemic loan guarantees to a..
RE
11/23NORWEGIAN AIR SHUTTLE : Oslo børs - status companies on special observation
AQ
11/22Boeing 737 MAX jets undergo round-the-clock effort to clear inventory
RE
More news
Financials
Sales 2020 9 275 M 1 051 M 1 051 M
Net income 2020 -6 355 M -720 M -720 M
Net Debt 2020 54 759 M 6 203 M 6 203 M
P/E ratio 2020 -0,14x
Yield 2020 -
Capitalization 1 499 M 170 M 170 M
EV / Sales 2020 6,07x
EV / Sales 2021 2,71x
Nbr of Employees 9 389
Free-Float 61,0%
Chart NORWEGIAN AIR SHUTTLE ASA
Duration : Period :
Norwegian Air Shuttle ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NORWEGIAN AIR SHUTTLE ASA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 5
Average target price 0,37 NOK
Last Close Price 0,41 NOK
Spread / Highest target 38,3%
Spread / Average Target -8,64%
Spread / Lowest Target -100%
EPS Revisions
Managers
NameTitle
Jacob Schram Chief Executive Officer
Niels Smedegaard Chairman
Johan Gauermann Executive Vice President-Operations
Geir Magne Karlsen Chief Financial Officer & Deputy CEO
Kurt Simonsen Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
NORWEGIAN AIR SHUTTLE ASA-98.93%170
INTERGLOBE AVIATION LIMITED13.54%7 870
QANTAS AIRWAYS LIMITED-22.22%7 658
EASYJET PLC-41.12%5 083
KOREAN AIR LINES CO.,LTD.-11.23%4 043
VIETJET AVIATION-17.85%2 685