Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA (“EMGS” or the “Company”) pertaining to the Comprehensive Refinancing, including the stock exchange notifications published on 16 April 2018 and 19 April 2018.
Reference is further made to the stock exchange notification published on 7 May 2018, wherein it was announced, amongst other things, that the Company would issue a total of 39,540,816 new shares (the “New Shares”), each at a subscription price of NOK 2.45 per share.
The share capital increase pertaining to the New Shares has now been registered with the Norwegian Register of Business Enterprises. The Company’s new registered share capital is NOK 130.969,690, divided on 130.969,690 shares, each with a par value of NOK 1.
The New Shares will be delivered to the subscribers’ VPS accounts on 18 May 2018.
For further information, please contact:
Hege Veiseth, CFO, +47 99 21 67 43