New share capital registered

03 Apr 2023 11:02 CEST

Reference is made to the stock exchange notice by Eidesvik Offshore ASA (the
"Company") on 2 March 2023 and 24 March 2023 regarding the private placement of
10,833,333 shares in the Company (the "Private Placement") at a subscription
price of NOK 12.00 per share.

The share capital increase for the 10,833,333 new shares from the Private
Placement has now been registered with the Norwegian Register of Business
Enterprises. The new share capital of the Company is NOK 3649166.65 divided into
72,983,333 shares with a nominal value of NOK 0,05 each.

The new shares will be delivered to Eidesvik Invest AS as settlement for its
subscription and as redelivery of shares under a share lending agreement between
Eidesvik Invest AS, the Company and the Pareto Securities AS. The share lending
agreement was entered into in connection with the Private Placement for the
purpose of facilitating delivery of existing and unencumbered shares in the
Company that were already listed on Oslo Børs to the investors who were
allocated shares in the Private Placement on a delivery-vs-payment basis.


Bømlo, April 3, 2023


For further information, please contact:

Helga Cotgrove, Chief Financial Officer, tel +47 90 73 52 46

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

More information:
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