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Reach Subsea ASA – New share capital registered
15 Mar 2023 11:25 CET
Issuer
Reach Subsea ASA
Reach Subsea ASA – New share capital registered
Haugesund, 15 March 2023: Reference is made to the stock exchange announcement
by Reach Subsea ASA ("Reach" or the "Company") on 15 February 2023 regarding
completion of a private placement (the "Private Placement") of new shares in the
Company.
The Private Placement consist of one tranche of 22,500,000 new shares and a
second tranche of 6,911,000 new shares to applicants who accepted deferred
settlement in a separate tranche 2 ("Tranche 2").
The new shares in Tranche 2 resolved issued in an extraordinary general meeting
on 10 March 2023, have now been registered with the Norwegian Register of
Business Enterprises. The new share capital of the Company is NOK 255,136,928.00
divided into the equivalent number of shares, each with a nominal value of NOK
1.00.
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
More information:
Access the news on Oslo Bors NewsWeb site
Source
Reach Subsea ASA
Provider
Oslo Børs Newspoint
Company Name
REACH SUBSEA
ISIN
NO0003117202
Symbol
REACH
Market
Oslo Børs