New share capital registered
January 12 2024 - 2:17AM
New share capital registered
Oslo, Norway, 12 January 2024
Interoil Exploration and Production ASA (the
"Company") refers to the resolution made by the Company's
Extraordinary General Meeting on 18 December 2023 to increase the
share capital by NOK 3.00 through issue of six (6) new shares each
with a par value of NOK 0.50.
The share capital increase related to the share
issue has been registered with the Norwegian Register of
Enterprises. Following such registration, the Company's registered
share capital is NOK 100,672,140, divided into 201,344,280 shares,
each with a par value of NOK 0.50.
The share capital increase was done to facilitate a
reverse share split (share consolidation) of the Company's shares
in the ratio of 10:1 to meet Oslo Børs’ requirements of a minimum
share value of NOK 1 per share.
The Company will issue a separate stock exchange
announcement at a later date with the key dates for the share
consolidation once such dates are established.
This information is subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities
Trading Act.
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Please direct any further questions to
ir@interoil.no (mailto:ir@interoil.no)
Interoil Exploration and Production ASA is a
Norwegian based exploration and production company - listed on the
Oslo Stock Exchange with focus on Latin America. The Company is
operator and license holder of several production and exploration
assets in Colombia and Argentina with headquarter in Oslo.
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