DOF Group ASA: Registration of new share capital

09 Jul 2024 09:35 CEST

Austevoll, 9 July 2024: Reference is made to the stock exchange announcement
made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 3 July 2024
regarding the successful placement of 10,746,364 new shares in the Company (the
"Private Placement"), as well as the resolution by the board of directors to
increase the Company's share capital with NOK 20,149,432.50 by the issuance of
8,059,773 new shares in connection with the settlement of tranche 1 of the
Private Placement ("Tranche 1").

The share capital increase pertaining to the issuance of 8,059,773 new shares in
Tranche 1 has today been registered with the Norwegian Register of Business
Enterprises (Nw. Foretaksregisteret).

Following the share capital increase, the Company's share capital is NOK
461,772,477.50, divided into 184,708,991 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

Hilde Drønen, CFO DOF Group ASA
Tel: +47 91 66 10 09
E-mail: hilde.dronen@dof.com

About DOF Group ASA:

With a multi-national workforce of about 4,100 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, 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.

More information:
Access the news on Oslo Bors NewsWeb site

623296_Release.pdf