Prosafe SE Increases Share Capital with New Share Issuance

Author: Henry Turner Updated: 09-09-2025 06:00 AM

Prosafe SE Enhances Financial Position with Share Capital Increase

In a significant move that demonstrates strong investor confidence, Prosafe SE has successfully exercised 13,033,597 warrants, leading to a substantial increase in its registered share capital. This decision reflects the company's ongoing commitment to strengthening its financial foundation and pursuing growth opportunities.

Details of the Warrants Offering

On July 18, the company announced the approval of a prospectus by the Norwegian Financial Supervisory Authority, paving the way for an offering of up to 17,868,651 warrants. These warrants provided an opportunity for existing shareholders to further invest in the company, thereby enhancing their stake.

Successful Exercise of Warrants

As of August 26, Prosafe reported the outcomes of the warrants exercise period. The effective participation of investors in this exercise reflected positively on the market's response to Prosafe's strategic initiatives. The exercise of these warrants signifies investor faith in the company's future endeavors.

Increase in Share Capital

Following the successful exercise, the Norwegian Register of Business Enterprises has officially registered 13,033,597 new shares. This has led to an increase in the company’s registered share capital by EUR 130,335.97, raising it from EUR 3,395,043.69 to an impressive EUR 3,525,379.66.

Breakdown of New Shares

With the new shares now issued, Prosafe's registered share capital consists of 352,537,966 shares, each with a nominal value of EUR 0.01. This increase not only fortifies Prosafe's financial standing but also enhances its ability to capitalize on future projects.

Contact Information

For any inquiries related to this development, interested parties may contact:

Reese McNeel, CFO and interim CEO

Phone: +47 415 08 186

Regulatory Compliance

This announcement and the actions taken are compliant with the disclosure requirements as per section 5-12 of the Norwegian Securities Trading Act, alongside the continuing responsibilities of issuers listed on Euronext Oslo Børs.

Frequently Asked Questions

What are the details of the recent share capital increase by Prosafe SE?

The share capital was increased through the exercise of 13,033,597 warrants, raising the total registered share capital to EUR 3,525,379.66.

How many new shares were issued by Prosafe SE?

Prosafe SE issued 13,033,597 new shares following the exercise of the warrants.

What is the nominal value of the new shares?

The nominal value of each new share is EUR 0.01.

Who can I contact for more information about this announcement?

Reese McNeel, the CFO and interim CEO, is available for inquiries regarding this development.

What regulations does this announcement adhere to?

This information complies with the disclosure requirements of the Norwegian Securities Trading Act and obligations for Euronext Oslo Børs issuers.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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