DOF ASA News
New share capital
Reference is made to previous stock exchange announcements regarding the subordinated convertible bond loan issued by DOF ASA ("DOF" or the "Company") on 5 August 2016 (the "Subordinated Convertible Bond").
The Subordinated Convertible Bond matured on 6 July 2021. In accordance with the terms and conditions of the Subordinated Convertible Bond, the outstanding amount of NOK 74,933,885 have therefore been converted to new shares in the Company.
As a result, the share capital of the Company has today, 7 July 2021, been increased with NOK 7,493,388 by issuance of 7,493,388 new shares, each with a nominal value of NOK 1, at the conversion price of NOK 10.00 per share. Following the share capital increase, the Company's share capital is NOK 316,456,167, divided into 316,456,167 shares, each with a nominal value of NOK 1.
The new shares will be registered on the respective bondholders' VPS accounts and be tradable on the Oslo Stock Exchange from and including 8 July 2021.
Following the conversion, there is no outstanding amount under the Subordinated Convertible Bond.
For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel. +47 91 66 10 09