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July 16, 2019

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

New share capital registered

Not for distribution or release, directly or indirectly, in or into the united states or any other jurisdiction in which the distribution or release would be unlawful.

Reference is made to the previous announcements by AqualisBraemar ASA (the “Company”) in respect of the rights issue of 8,882,575 new shares in the Company (the “Rights Issue”) and the private placement of 4,375,000 new shares in the Company (the “Private Placement”).

The share capital increase pertaining to the Rights Issue and the Private Placement has now been registered in the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret) and the new shares will be listed and tradable on the Oslo Stock Exchange from today. The Company’s new share capital is NOK 7,041,643.5 divided into 70,416,435 shares, each with a nominal value of NOK 0.1.

The new shares issued in the Rights Issue and the Private Placement are expected to be registered on the respective subscribers’ VPS accounts on or about 16 July 2019 subject to the relevant subscriber having paid the subscription amount.

For further information, please contact:

Investors and financial media

Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About AqualisBraemar ASA

AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:

  • AqualisBraemar: a leading adjusting, marine and offshore consultancy to the energy, shipping and insurance industries
  • AqualisBraemar Yacht Services: a specialised marine consultant to the superyacht market
  • Offshore Wind Consultants: an independent consultancy to the offshore renewables sector