--- title: "Pelagic Credit Plc: Update on contemplated private placement and listing on Euronext Growth Oslo" type: "News" locale: "en" url: "https://longbridge.com/en/news/276164758.md" description: "Pelagic Credit Plc has announced a contemplated private placement of new shares and a listing on Euronext Growth Oslo. The company is receiving positive feedback and is in discussions regarding the Offering's terms, which may differ from previous announcements. The exact size and timing are yet to be finalized. Clarksons Securities AS and Fearnley Securities AS are acting as Joint Global Coordinators, while Arctic Securities AS is a Joint Bookrunner. The Offering targets Norwegian and international investors, with a minimum application amount set at the NOK equivalent of EUR 100,000." datetime: "2026-02-17T20:35:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276164758.md) - [en](https://longbridge.com/en/news/276164758.md) - [zh-HK](https://longbridge.com/zh-HK/news/276164758.md) generator: "portal-rs" --- # Pelagic Credit Plc: Update on contemplated private placement and listing on Euronext Growth Oslo NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY,INOR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES ANDPOSSESSIONS,ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE"UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVEREGIONOF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICHTHE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. 17 February 2026: Pelagic Credit Plc. (the "Company") refers to thecontemplatedprivate placement of new shares in the Company (the "Offering") and listing ofthe Company's shares on Euronext Growth Oslo (the "Listing") announced on 9February 2026. The Company is experiencing positive feedback in the Offeringandis continuing investor dialogue on potential terms of an Offering to establishan attractive equity capitalization for the Company in advance of a Listing,which may differ from the indicative structure and terms reflected in theannouncement on 9 February 2026. The exact size, timing and other terms hasnotbeen concluded, and further announcements relating to the Offering and theListing will be made in due course. Clarksons Securities AS and Fearnley Securities AS are acting as Joint GlobalCoordinators and Joint Bookrunners in respect to the Offering and Listing (the"Joint Global Coordinators"). Arctic Securities AS is acting as JointBookrunnerin connection with the Offering (together with the Joint Global Coordinators,the "Managers"). Advokatfirmaet BAHR AS is acting as legal counsel to theCompany. For further information, please contact:Atef Abou Merhi, Chairmanatef@pelagic-partners.com+357 99 405605 C. Tobias Backer, Chief Executive Officertobias@pelagic-credit.com+357 97 771 170 / +44 7799 815 020 / +1 917 207-8680 Important notice:This announcement is not and does not form a part of any offer to sell, or asolicitation of an offer to purchase, any securities of the Company. Copies ofthis announcement are not being made and may not be distributed or sent intoanyjurisdiction in which such distribution would be unlawful or would requireregistration or other measures. The Offering will be directed towards Norwegian and international investors,ineach case subject to an exemption being available from offer prospectusrequirements and any other filing or registration requirements in theapplicablejurisdictions and subject to other selling restrictions. The minimumapplicationand allocation amount has been set to the NOK equivalent of EUR 100,000. TheCompany may, however, at its sole discretion, allocate shares corresponding toan amount below EUR 100,000 to the extent applicable exemptions from theprospectus requirements pursuant to Regulation (EU) 2017/1129 and ancillarylegislation are available. The securities referred to in this announcement have not been and will not beregistered under the U.S. Securities Act of 1933, as amended (the "SecuritiesAct"), and accordingly may not be offered or sold in the United States absentregistration or an applicable exemption from the registration requirements ofthe Securities Act and in accordance with applicable U.S. state securitieslaws.The Company does not intend to register any part of the offering in the UnitedStates or to conduct a public offering of securities in the United States. Anysale in the United States of the securities mentioned in this announcementwillbe made solely to "qualified institutional buyers" as defined in Rule 144Aunderthe Securities Act. In any EEA Member State, this communication is only addressed to and is onlydirected at qualified investors in that Member State within the meaning of theProspectus Regulation, i.e., only to investors who can receive the offerwithoutan approved prospectus in such EEA Member State. The expression "ProspectusRegulation" means Regulation (EU) 2017/1129 as amended (together with anyapplicable implementing measures in any Member State. This communication is only being distributed to and is only directed atpersonsin the United Kingdom that are (i) investment professionals falling withinArticle 19(5) of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005, as amended (the "Order") or (ii) high net worthentities,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 togetherbeing referred to as "relevant persons"). This communication must not be actedon or relied on by persons who are not relevant persons. Any investment orinvestment activity to which this communication relates is available only forrelevant persons and will be engaged in only with relevant persons. Personsdistributing this communication must satisfy themselves that it is lawful todoso. Matters discussed in this announcement may constitute forward-lookingstatements. Forward-looking statements are statements that are not historicalfacts and may be identified by words such as "believe", "expect","anticipate","strategy", "intends", "estimate", "will", "may", "continue", "should" andsimilar expressions. The forward-looking statements in this release are basedupon various assumptions, many of which are based, in turn, upon furtherassumptions. Although the Company believe that these assumptions werereasonablewhen made, these assumptions are inherently subject to significant known andunknown risks, uncertainties, contingencies and other important factors whichare difficult or impossible to predict, and are beyond their control. Actualevents may differ significantly from any anticipated development due to anumberof factors, including without limitation, changes in public sector investmentlevels, changes in the general economic, political and market conditions inthemarkets in which the Company operates, the Company's ability to attract,retainand motivate qualified personnel, changes in the Company's ability to engageincommercially acceptable acquisitions and strategic investments, and changes inlaws and regulation and the potential impact of legal proceedings and actions.Such risks, uncertainties, contingencies and other important factors couldcauseactual events to differ materially from the expectations expressed or impliedinthis release by such forward-looking statements. The Company does not make anyguarantee that the assumptions underlying the forward-looking statements inthisannouncement are free from errors nor does it accept any responsibility forthefuture accuracy of the opinions expressed in this announcement or anyobligationto update or revise the statements in this announcement to reflect subsequentevents. You should not place undue reliance on the forward-looking statementsinthis announcement. The information, opinions and forward-looking statements contained in thisannouncement speak only as at its date, and are subject to change withoutnotice. The Company does not undertake any obligation to review, update,confirm, or to release publicly any revisions to any forward-lookingstatementsto reflect events that occur or circumstances that arise in relation to thecontent of this announcement. Neither the Managers nor any of their affiliates makes any representation astothe accuracy or completeness of this announcement and none of them accepts anyresponsibility for the contents of this announcement or any matters referredtoherein. This announcement is for information purposes only and is not to be relieduponin substitution for the exercise of independent judgment. It is not intendedasinvestment advice and under no circumstances is it to be used or considered asan offer to sell, or a solicitation of an offer to buy any securities or arecommendation to buy or sell any securities of the Company. Neither theManagers nor any of its affiliates accepts any liability arising from the useofthis announcement. The distribution of this announcement and other information may be restrictedbylaw in certain jurisdictions. Persons into whose possession this announcementorsuch other information should come are required to inform themselves about andto observe any such restrictions. https://newsweb.oslobors.no/message/666067 ### Related Stocks - [CKN.UK](https://longbridge.com/en/quote/CKN.UK.md) ## Related News & Research - [Trump Wants Beef Prices to Come Down, But GOP Congressman Warns Washington's Import Push Could Pull the ‘Rug Out’ From Ranchers](https://longbridge.com/en/news/297776718.md) - [Broadcom Q3 Preview: Nvidia Record Results Bring Added Pressure — ‘Has to Prove’](https://longbridge.com/en/news/297684947.md) - [Berkshire Hathaway Just Sold 3 Bank Stocks. 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