21 June 2019, Limassol, Cyprus
Reference is made to previous stock exchanges notices from SeaBird Exploration Plc ("SeaBird" or the "Company") relating to (i) the acquisition of the seismic vessels BOA Galatea and BOA Thalassa and (ii) the private placement of new shares completed on 29 May 2019 (the "Private Placement") .
The Norwegian Financial Supervisory Authority has approved the prospectus dated 21 June 2019 (the "Prospectus") covering the listing of (i) 208,333,330 new shares (the "New Shares") issued in the Private Placement, (ii) 23,055,373 new shares (the "First Tranche Consideration Shares") issued in relation to the acquisition of BOA Thalassa and (iii) of 23,055,372 new shares (the "Second Tranche Consideration Shares") to be issued in relation to the acquisition of BOA Galatea.
The New Shares and the First Tranche Consideration Shares are currently trading on Merkur Markets under a separate ISIN. Last day of trading for these shares on Merkur Market is today. The New Shares and the First Tranche Consideration Shares will be tradable on Oslo Børs from 24 June 2019, under the ticker "SBX".
The Prospectus can be obtained electronically by downloading it from www.sbexp.com, www.abgsc.no, www.fearnleysecurities.no, www.sb1markets.no or www.norne.no, or by contacting the Managers or the Company.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Hans Petter Klohs
CEO SeaBird Exploration
Phone: +47 22 40 27 18
Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22 40 27 17