23.03.2012 13:44:04 CET

North Energy ASA - Increase in share capital

Alta, 23 March 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES

 

Reference is made to the stock exchange announcement dated 2. March regarding the resolution by the general meeting of North Energy ASA (ticker "NORTH") to increase the share capital in the Company following the subsequent repair offering ("Offering").

The Company has received confirmation that the share capital increase of NOK 5,890,550 has been registered by the Norwegian Register of Business Enterprises. The new registered share capital of North Energy is NOK 40,813,448 divided into 40,813,448 shares, each with a par value of NOK 1.00 per share.

Contact persons:
Erik Karlstrøm, CEO
Mob: (+47) 476 52 990 | E-mail:erik.karlstrom@northenergy.no

Knut Sæberg, CFO
Mob: (+47) 918 00 720 | E-mail:knut.saeberg@northenergy.no

Alexander Krogh, Finance Manager and Investor Relation
Mob: (+47) 416 48 650 | E-post: alexander.krogh@northenergy.no

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This publication is not for distribution, directly or indirectly, in or into the United States, nor is it an offer for sale of or the solicitation of an offer to purchase securities in the United States. Any securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. North Energy ASA does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this publication are not being, and may not be, distributed or sent into the United States.

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).