Oslo, 26 March 2021
Reference is made to the inventory change discover printed by Interoil Exploration and Manufacturing ASA (the “Firm”) on 11 March 2021 relating to the approval of a personal placement of latest shares within the Firm (the “Non-public Placement”).
Following adjustment of the ultimate variety of shares primarily based on well timed funds, the ultimate variety of shares which was subscribed and issued within the Non-public Placement is 7,265,576 shares at a subscription value of NOK 1.33 per share, leading to gross proceeds of roughly NOK 9.7 million.
The share capital enhance associated to the issuance of the brand new shares has now been registered with the Norwegian Register of Enterprise Enterprises. The Firm’s new share capital is NOK 82,189,543.50, divided into 164,379,087 shares, every with a par worth of NOK 0.50.
This data is topic to the disclosure necessities pursuant to Part 5-12 the Norwegian Securities Buying and selling Act.