Following approval by the extraordinary general meeting of the Company on
BT Larsen & Co Ltd (the largest shareholder and close associate of the Company's CEO and primary insider BjørnTore Larsen ) has subscribed for 37,208,000Offer Shares and 5,684,000 UWC Shares. Following such issuances,BT Larsen & Co Ltd will hold a total of 52,850,311 shares in the Company.
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Observatoriet Invest AS (a close associate of board member and primary insider Bjørn Kjos) has subscribed for 2,000,000
Offer Shares and 140,000 UWC Shares. Following such issuances, Observatorie Invest AS will hold a total of 2,140,000 shares in the Company, and together with Observatoriet Holding AS (also a close associate of Bjørn Kjos), close associates of Bjørn Kjos holds an aggregate of 2,640,000 shares in the Company.
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GS Consulting AS (a close associate of the Company's Chief Technology Officer and primary insider Gisle Stavland) has subscribed for 400,000
Offer Shares . Following such issuance, GS Consulting AS will hold a total of 400,000 shares in the Company.
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Alltid Alt AS (a close associate of the Company's Chief Cultural Officer and primary insider
Kristin Berthelsen ) has subscribed for 360,000Offer Shares . Following such issuance, Alltid Alt AS will hold a total of 360,000 shares in the Company.
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Bosel AS (a close associate of the Company's Chief Financial Officer and primary insider Ben Boiling) has subscribed for 40,000
Offer Shares . Following such issuance, Bosel AS will hold a total of 85,000 shares in the Company.
Yngve Carlsen (SVP Cargo/Charter & new projects and primary insider) has subscribed for 40,000Offer Shares . Following such issuance,Yngve Carlsen will hold a total of 40,000 shares in the Company.
Please see the enclosed forms for further details about the transactions.
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.
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https://mb.cision.com/Main/21212/3680842/1725514.pdf
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