Mandatory notification of trade
In connection with the Private Placement in Dolphin Group ASA (hereafter referred to as "Dolphin" or the "Company") concluded on 18th October 2011 the following primary insiders have subscribed for and been allotted shares in the Private Placement:Atle Jacobsen, CEO, has been allotted 333,333 shares in Dolphin through Three M AS that is controlled by Mr Jacobsen. Subsequent to the completion of the share issue Mr Jacobsen will directly and indirectly hold 3,175,367 shares in Dolphin. In addition he holds 532,000 options and indirectly controls 1,598,000 warrants in the Company.Erik