Songa Increases Capital
Share capital in Songa Offshore is increased by NOK 7.064.413 following a private placement and conversion of freely tradable warrants.
6.300.000 shares were issued in the private placement and 764.413 shares by the warrant conversion. Reference is made to section 7.2.1 in Listing Prospectus dated January 25, 2006 for a description of the warrants program.
number of shares after the private placement and
the warrant conversion is 70.910.009. The
capital increase is registered in the Norwegian
securities' registry and an updated certificate
of registration is submitted to Oslo Børs. After
this conversion, the remaining number of freely
tradeable warrants is 13.921.644.
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