NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
The subscription period in PSI Group ASA's rights issue and the trading period for the subscription rights listed on Oslo Børs (PSI T) expires at 17:30 hours (CET) today, 22 August 2011.
Any subscription rights that are not sold prior to expiry of the trading period, or used to subscribe for new shares in the rights issue prior to expiry of the subscription period, will lapse without compensation to the holder and cease to carry any value.
Holders of subscription rights (whether granted or acquired) must, in order to subscribe for new shares, follow the instructions set forth in the prospectus.
Please refer to the prospectus dated 3 August 2011 for further information.
For further information, please contact:
Jørgen Waaler
CEO of PSI Group ASA
Phone +47 905 90 010
www.psigroup.no
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This announcement is not an offer for sale of securities in the United States. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. PSI Group ASA does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Any offering of securities will be made by means of a prospectus that may be obtained from PSI Group ASA and that will contain detailed information about the company and management, as well as financial statements. Copies of this announcement are not being made and may not be distributed or sent into the United States.
This communication is directed only at persons who (i) are outside of the United Kingdom or (ii) have professional experience in matters relating to investments or (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc") of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.