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DOF Group ASA lists on Oslo Børs

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  • 26th listing on Euronext and fourth listing of the year on Oslo Børs
  • Sold shares for NOK 564 million and market capitalisation of approximately NOK 4.9 billion

Oslo – 22 June, 2023 – Oslo Børs, part of the Euronext Group, today congratulates DOF Group on its listing on Oslo Børs (ticker: DOFG). This is the fourth listing so far this year on Oslo Børs and the 26th on Euronext.

DOF Group is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. The company’s core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector.

The company recently raised NOK 392 million in the initial public offering from the issue of new ordinary shares. In total it was sold shares for NOK 564 million including the over-allotment. At opening the share price was NOK 28.00 and the company’s market capitalisation was approximately NOK 4.9 billion.

Mons Aase, CEO of DOF Group, said: “We are very pleased with the interest to invest in the Company and the successful placement and re-listing of the DOF Group on Oslo Børs. We welcome close to 4000 new shareholders.“

 

About DOF Group ASA

With a multi-national workforce of about 4,000 personnel, DOF Group ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 40 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The Company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.

Download press release - DOF Group ASA

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