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Austevoll, Norway, 6 July 2023: Reference is made to the stock exchange
announcement made on 4 July 2023 whereby DOF Group ASA ("DOF" or the "Company",
OSE ticker code "DOFG") announced the resolution to increase the Company's share
capital in connection with exercise of greenshoe option.
The Company has increased its share capital with NOK 4,576,487.50 by issuance of
1,830,595 new ordinary shares, each with a nominal value of NOK 2.50, for a
subscription price of NOK 28.00 per shares (equal to the offer price in the
Company's initial public offering of shares (the "IPO")) following exercise by
DNB Markets, a part of DNB Bank ASA, on behalf of the Managers (as defined
below), of the greenshoe option granted by the Company in connection with the
IPO.
Today, the new ordinary shares have been legally and validly issued and have
been registered with the Norwegian Register of Business Enterprises. Following
the share capital increase, the Company's share capital is NOK 441,623,045
divided into 53,372,566 ordinary shares and 123,276,652 B-shares, each with
nominal value of NOK 2.50.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Mons Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
E-mail: Mons.Aase@dof.com
Svein Harald Øygard, Chairperson DOF Group ASA
Phone: +47 90 02 40 09
E-mail: sveinharaldoygard@gmail.com
About DOF Group ASA
With a multi-national workforce of about 4,000 personnel, DOF Group ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity. DOF's core businesses are vessel ownership, vessel management,
project management, engineering, vessel operations, survey, remote intervention
and diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry. The Company's main
operation centers and business units are located in Norway, the UK, the USA,
Singapore, Brazil, Argentina, Canada, Angola, and Australia.