Reference is made to the announcement made on 16 June 2020 regarding the demerger of Møgster Mohn Offshore AS ("MMO"). The general meeting of MMO has resolved the demerger. Upon completion of the demerger, after the statutory creditor notice period, 50,631,329 of the 150,638,643 shares MMO owns in DOF ASA will be transferred to Perestroika Industri AS, which will result in Perestroika Industri AS holding shares representing 16.45% of the outstanding shares in DOF ASA.
Perestroika Industri AS is a company wholly owned by Perestroika AS, which in turn is owned by Frederik W. Mohn.
MMO will following completion of the demerger hold 100,007,314 shares, representing 32.49% of the outstanding shares in DOF ASA.
Laco AS, as the majority shareholder in MMO, will after completion of the demerger indirectly own approximately 100,004,814 shares (representing 32.49% of the outstanding shares) in DOF ASA.
