Registration of the new shares

Registration of the new shares

Reference is made to our announcement 22.12.2021, where the Board of Directors resolved to increase the Company’s share capital in relation with a incentive share program for employees. The Board of Directors, on the basis of an authorisation granted to it by the Annual General Meeting held on 11 June 2021, resolved to increase the share capital of the Company by NOK 360,000, through issuance of 360,000 new shares, each with a nominal value of NOK 1, at a subscription price equal to the Offer Price.

Following the increase the Company`s share capital is NOK 144,940,708 divided into 144,940,708 shares.

The share capital increase has now been registered in the Companies Register (Foretaksregisteret).

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

For further information, please contact:
Birgitte Wendelbo Johansen, CFO (bwj@reachsubsea.no)

www.reachsubsea.no