Oslo, 8 May 2026: Reference is made to the stock exchange announcement made by Dolphin Drilling AS (the "Company") on 15 April 2026 regarding the private placement of new shares in the Company, raising gross proceeds of the NOK equivalent of approximately USD 62.5 million (the "Private Placement"), and on 6 May 2026 regarding the board of directors' resolution to increase the Company's share capital (i) by issuance of 6,796,584 new shares to the pre-committing investors in the Private Placement, and (ii) by issuance of 4,720,000 new shares to Borg Partners LLC.
The share capital increases have been registered with the Norwegian Register of Business Enterprises:
Share capital: NOK 1,016,894,857.50
Total number of shares: 406,757,943
Par value of each share: NOK 2.50
For further information, please contact:
Ingolf Gillesdal, CFO
Mob: +47 920 45 320
Mail: Ingolf.gillesdal@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 Section 5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book part II.