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About Iox Cable

IOX Cable is a submarine system that connects Mauritius to Rodrigues. It is based in Port Louis, Mauritius.

Iox Cable Headquarters Location

Hennessy Court Pope Hennessy Street 6th Floor

Port Louis,


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Latest Iox Cable News

IOX: Approval of Private Placement

Mar 11, 2021

| Source: Interoil Exploration & Production ASA NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Approval of Private Placement in Interoil Exploration and Production ASA Interoil Exploration and Production ASA (the "Company") refers to the announcement published on 9 March 2021 regarding the completion of a private placement of new shares in the Company with gross proceeds of up to the NOK equivalent of EUR 999,999 (the "Private Placement"). The Private Placement was already oversubscribed on the first day of the application period, closing at 250% above the limit set for the Private Placement. The Company values the continued support of its shareholders in its ambition to grow by developing its oil and gas resources. The Company's Board of Directors has resolved to allocate and issue a total of 7,518,767 shares in the Private Placement at a subscription price of NOK 1.33 per share, resulting in total gross proceeds of NOK 10,000,000 to the Company. Notifications of allocation will be distributed to applicants on or about 11 March 2021. The payment date for the Private Placement is 17 March 2021. The shares allocated and issued in the Private Placement will be delivered following registration of the share capital increase related to the Private Placement with the Norwegian Register of Business Enterprises. Following registration of the share capital increase related to the Private Placement, the Company will have a share capital of NOK 82,316,139 divided into 164,632,278 shares, each with a par value of NOK 0.50. Important Notice The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or their securities in the United States or to conduct a public offering of securities in the United States. This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (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 or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so. This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice. This announcement is an advertisement and is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on prospectuses to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (as amended) as implemented in any Member State. This announcement has been published by Mr. Geir Arne Drangeid (Partner and Senior Advisor, First House AS) at 08:30 CET on 11 March 2021. This information is subject of the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.

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  • Where is Iox Cable's headquarters?

    Iox Cable's headquarters is located at Hennessy Court Pope Hennessy Street, Port Louis.

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