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THE END OF THE PRESS RELEASE
In accordance with the continuing obligations of companies listed on the Oslo
Stock Exchange, the following key information is given with respect to the
Subsequent Offering:
o Date on which the terms and conditions of the repair issue were announced: 2
March 2023
o Last day including right: 2 March 2023
o Ex-date: 3 March 2023
o Record date: 6 March 2023
o Date of resolution to issue shares: To be decided after the EGM (as defined
below)
o Maximum number of new shares: 2,000,000 new shares
o Subscription price: NOK 12.00
Reference is made to Eidesvik Offshore ASA's (OSE: EIOF) ("EIOF" or the
"Company") stock exchange announcement dated 2 March 2023, regarding the
successful completion of a private placement of 10,833,333 new shares in the
Company with gross proceeds of approximately NOK 130 million (the "Private
Placement") and that the Company is considering a subsequent offering (the
"Subsequent Offering") with non-tradeable subscription rights of up to 2,000,000
new shares in the Company which, subject to applicable securities law, will be
directed towards existing shareholders in the Company as of close of trading on
2 March 2023 (as registered in the VPS on 6 March 2023) (the "Record Date") who