Oslo, 30 April 2026: Reference is made to the stock exchange announcement made
by Dolphin Drilling AS (the "Company") on 16 April 2026 regarding the notice
of an extraordinary general meeting in the Company to, among other things,
approve the resolutions in connection with the Private Placement (as defined
therein).
The extraordinary general meeting was held today, 30 April 2026, at 08:00
CEST. As set out in the attached minutes, all matters on the agenda were
approved as proposed by the board of directors, including: (i) a share capital
decrease by reduction of the nominal value of the Company's shares; (ii)
issuance of new shares in the Private Placement; (iii) granting an
authorisation to the board of directors to issue commission shares to the
pre-committing investors in the Private Placement; and (iv) approval of a
share option programme that includes the members of the board of directors.
Other than the conditions relating to registration of the new share capital
with the Norwegian Register of Business Enterprises and delivery of the new
shares in the Private Placement, all conditions for completion of the Private
Placement have been fulfilled.
For more information about the Private Placement, please refer to the
Company's stock exchange announcements of 15 April 2026.
For further information, please contact:
Ingolf Gillesdal, CFO
Mob: +47 920 45 320
Mail: Ingolf.gillesdal@dolphindrilling.com
About Dolphin Drilling AS:
Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
part II.