Based on the power of attorney granted at the annual general meeting of EMGS on 22 June 2011, the Board of Directors of EMGS has in board proceedings 15 June 2012 approved a share issue of 114,000 shares, each with a face value of NOK 0.25 at the option price of NOK 4.28 per share for 16,000 of the new shares and NOK 5.77 for 98,000 of the new shares. As a result, the share capital will be increased by NOK 28,500 from NOK 49,596,513.75 to NOK 49,625,013.75. The number of shares after the issue is 198,500,055.
The share issue is completed through exercising of stock options in connection with EMGS' stock option program.
Contact
Svein Knudsen, EMGS chief financial officer, +47 22 01 14 00
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.