Reach Subsea ASA – Ex. Subsequent Offering today

Reach Subsea ASA – Ex. Subsequent Offering today

Haugesund, 16 February 2023: Reference is made to the stock exchange announcement by Reach Subsea ASA ("Reach" or the "Company") on 15 February 2023 relating to a contemplated subsequent offering of up to 3,000,000 new shares directed towards certain eligible shareholders (the "Subsequent Offering").

The shares in the Company will be traded exclusive the right to participate in the Subsequent Offering (if resolved) as from today, 16 February 2023.

For more information please contact:
Birgitte Wendelbo Johansen
Chief Financial Officer Reach Subsea ASA
bwj@reachsubsea.no

About Reach Subsea:
Reach Subsea ASA Group offers subsea services as a subcontractor and/or directly to end clients, based out of our head office in Haugesund. The core business of the Group is based on modern, high spec Work ROVs operated by highly-qualified offshore personnel, and supported by onshore engineering resources. The Group’s objective is to be a preferred subsea partner and full-service provider of subsea operations for clients, focusing on safety, environment, financial solidity and profitability. www.reachsubsea.no