Exercise of options and warrants
Exercise of employee share options in company Dolphin Group ASA ("the Company").
Participants in the Company's share option programs have on the 26 May 2014 exercised a total number of 1 815 334 options in the Company consisting of 250 000 options at a strike price of NOK 2.25, 1 354 001 options at a strike price of NOK 2.50 and 211 333 options at a strike price of NOK 3.00. In addition, exercise of 250 000 warrants at a strike price of NOK 2.50.
The share capital is to be increased by NOK 4 130 668 by the issuance of 2 065 334 shares.
Attached is a list of 5 primary insiders exercising stock options and warrants.
This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Nina Midtlie, Group Financial Director
Mobile: +47 98 20 63 78
E-mail: nina.midtlie@dolphingeo.com
Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO
Phone:+47 22 07 15 30
Fax:+47 22 07 15 31
www.dolphingeo.com
Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis.
Dolphin Group ASA is listed at Oslo Stock Exchange(OSE ticker: DOLP).