Dolphin Drilling AS – Resolution to increase share capital
Oslo, 12 January 2026: Reference is made to the stock exchange announcement made by Dolphin Drilling AS (the "Company") on 1 December 2025 regarding the Company's extraordinary general meeting resolving, among other things, to approve a reverse share split in the ratio of 300:1, and to authorise the board of directors to increase the share capital to facilitate the reverse share split.
The Company's board of directors has resolved to increase the share capital by issue of 208 new shares to facilitate the reverse share split, as authorised by the extraordinary general meeting on 1 December 2025. Following registration of both the share capital increase and the reverse share split, the Company's registered share capital will be NOK 477,724,077.00, divided into 159,241,359 shares, each with a nominal value of NOK 3.00.
For further information, please contact:
Ingolf Gillesdal, CFO
Tel: +47 920 45 320
Dolphin Drilling | http://www.dolphindrilling.com
About Dolphin Drilling AS:
Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which owns and operates a fleet of harsh environment mid-water & deep-water semisubmersible drilling rigs, capable of working worldwide.
This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule Book part II.