Reach Subsea ASA – New share capital registered
Haugesund, 3 April 2023: Reference is made to the stock exchange notice published by Reach Subsea ASA ("Reach" or the "Company") (Oslo Børs: REACH) on 28 March 2023 regarding the completion of a subsequent offering (the "Subsequent Offering") of new shares in the Company.
The Subsequent Offering consists of 312,635 new shares in the Company. The new shares resolved issued by the Company's Board of Directors on 28 March 2023 pursuant to a board authorization granted by the extraordinary general meeting in the Company on 10 March 2023, have now been registered with the Norwegian Register of Business Enterprises. The new share capital of the Company is NOK 255,449,563.00 divided into the equivalent number of shares, each with a nominal value of NOK 1.
The information was submitted for publication by CFO Birgitte Wendelbo Johansen, on behalf of the Company at the date and time set out above.
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 high quality solutions and technology to clients in need of ocean data and services. Services are offered out of our head office in Haugesund as well as from our subsidiaries and branches located across Norway, US, UK, Cyprus, Singapore, Trinidad and Brazil. The Group’s objective is to be a preferred partner and full-service provider of ocean services for clients, focusing on safety, environment, financial solidity and profitability. Our vision “Sustainable access to ocean space” underpins our commitment to the development of sustainable solutions, with stakeholder groups key interests in focus.
www.reachsubsea.no