New shares registered

16 Dec 2024 13:34 CET

Reach Subsea ASA - NEW SHARES REGISTERED

Haugesund, 16 December 2024: Reference is made to the stock exchange
announcement published by Reach Subsea ASA (the "Company") on 5 December 2024
regarding exercise of 9,886,364 warrants by Wilhelmsen New Energy.

The share capital increase has now been registered in the Companies Register
(Foretaksregisteret).
Following the increase the Company`s share capital is NOK 281.655.609 divided
into 281.655.609 shares.



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 high quality solutions and technology to clients
in need of ocean data and services. Services are offered out of our head office
in Haugesund as well as from our subsidiaries and branches located across
Norway, US, UK, Cyprus, Singapore, Trinidad, Australia and Brazil. The Group’s
objective is to be a preferred partner and full-service provider of ocean
services for clients, focusing on safety, environment, financial solidity and
profitability. Our vision “Sustainable access to ocean space” underpins our
commitment to the development of sustainable solutions, with stakeholder groups
key interests in focus.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This release was issued by CFO Birgitte Wendelbo Johansen 16/12/2024.

More information:
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