DOF Group ASA - Approval and publication of prospectus

05 Nov 2024 15:08 CET

Austevoll, 5 November 2024: Reference is made to the stock exchange announcement
made by DOF Group ASA ("DOF" or the "Company") on 2 July 2024 in which it was
announced that DOF, through DOF Offshore Holding Denmark ApS on certain terms
and conditions would acquire all the shares in Maersk Supply Service A/S
(renamed to DOF Denmark A/S on the date hereof)("MSS") from Maersk Supply
Service Holding ApS ("MSSH") (the "Transaction"). Reference is further made to
the stock exchange announcement by the Company on 1 November 2024 in which it
was announced that (i) the Transaction had been completed, and (ii) the board of
directors of the Company had resolved to issue 58,883,073 consideration shares
(the "Consideration Shares") and 2,686,591 new shares (the "New Shares") to
MSSH, in order settle part of the purchase price under the Transaction.

The Consideration Shares and the New Shares issued to MSSH to settle the
Company's obligation under the Transaction have been delivered on a separate
ISIN pending publication of a listing prospectus (the "Prospectus") approved by
the Financial Supervisory Authority of Norway (Nw.: Finanstilsynet).

The Financial Supervisory Authority of Norway has today, on 5 November 2024,
approved a prospectus (the "Prospectus") for the listing of the Consideration
Shares and the New Shares on the Oslo Stock Exchange.

The Prospectus will, subject to regulatory restrictions in certain
jurisdictions, be available on the Company's website, www.dof.com.

The Consideration Shares and the New Shares will be delivered to the ordinary
ISIN of the Company and become tradable on the Oslo Stock Exchange under the
ticker "DOFG".

For further information, please contact:

Martin Lundberg, SVP Finance DOF Group ASA
Phone: +47 91 62 10 57
E-mail: martin.lundberg@dof.com

Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64
E-mail: eirik.vardoy@dof.com

Important notice:

This announcement is not being made in or into the United States of America,
Canada, Australia, Japan, Hong Kong or in any other jurisdiction where it would
be prohibited by applicable law. This distribution does not constitute or form
part of an offer or solicitation of an offer to purchase or subscribe for
securities in the United States. The shares referred to herein have not been and
will not be registered under the United States Securities Act of 1933, and may
not be offered or sold in the United States or to U.S. persons (other than
distributors) unless the securities are registered under the Act, or an
exemption from the registration requirements of the Act is available.

About DOF Group ASA:

With a multi-national workforce of more than 5,000 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, 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, Denmark, the UK, the USA,
Singapore, Brazil, Argentina, Canada, Angola, and Australia.

More information:
Access the news on Oslo Bors NewsWeb site

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