Allocation of shares in subsequent offering to primary insiders

Reference is made to the stock exchange announcement on 13th April regarding completion of the subsequent offering and previous stock exchange announcement for primary insiders that subscribed for shares in the offering. The following primary insiders were allocated shares for their oversubscription:

Board member Scott Kerr was allocated 10,326 shares for his oversubscription. Subsequent to the completion of the share issue Mr. Scott will hold 45,966 shares in Dolphin.

VP Finance & IR Ketil Sundal was allocated 9,387 shares for his oversubscription. Subsequent to the completion of the share issue Mr. Sundal will hold 41,787 shares in Dolphin.

The share price in the offering is NOK 4.60 per share.

This information is subject of the disclosure requirements acc. to §5-12 (Norwegian Securities Trading Act).  

For further information; please contact:

Erik Hokholt, CFO
Mobile:+47 90 75 60 64
E-mail:erik.hokholt@dolphingeo.com


Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Tel:+47 23 16 70 00
Fax:+47 23 16 71 80         

www.dolphingroup.no
www.dolphingeo.com

Dolphin Group ASA has two main business areas; Dolphin Geophysical AS and Dolphin Interconnect Solutions AS. Dolphin Geophysical is a global full-range, asset light supplier of marine geophysical services and operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys and multi-client projects worldwide. Dolphin Interconnect is a global supplier of high performance solutions (hardware- and software) for the server and embedded systems market. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).