Hofseth Biocare ASA: Key Information regarding the subsequent offering in Hofseth BioCare ASA

Date when the conditions for the share capital increase will be announced: 20 September 2016
Last day of trading in the Shares incl. Allocation Rights: 20 September 2016
First day of trading in the Shares excl. Allocation Rights: 21 September 2016
Record Date: 22 September 2016
Resolution date: 20 September 2016
Maximum number of new shares: 13,333,334
Subscription price: NOK 1.50
For further information, please contact:
Jon Olav Ødegård, CFO of Hofseth BioCare ASA
Mob: +47 936 32 966
E-mail:  joo@hofsethbiocare.no
About Hofseth BioCare ASA:
HBC is a Norwegian biotech company that offers high-value ingredients and finished products for humans and pets. The company is founded on the core values of sustainability, traceability and optimal utilization of natural resources. Through an innovative hydrolysis technology, HBC is able to preserve the quality of salmon oil, proteins and calcium, prepared of fresh salmon off-cuts. HBC's objective is to contribute to the efficient use of marine resources and deliver quality products for ingredients and finished consumer products in the nutrition market.
Hofseth BioCare's headquarters are located in Ålesund, Norway with branches in Oslo, Chicago, Mumbai and Tokyo. HBC is listed on Oslo Stock Exchange Axess list with ticker "HBC". More information about Hofseth BioCare at www.hofsethbiocare.com and www.facebook.com/hofsethbiocare

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Hofseth Biocare ASA via GlobeNewswire