Reference is made to previous stock exchange notices of 11 April 2019, 12 April 2019, 29 April 2019 and 24 May 2019 regarding the acquisition by SeaBird Exploration PLC (the "Company") of BOA Thalassa and BOA Galatea.
The Company has today completed the acquisition of BOA Thalassa for a purchase price of NOK 92,500,000. NOK 64,833,553 has been paid in cash, and NOK 27,666,447 has been paid in the form of 23,055,373 new shares of the Company. The new shares will be delivered on ISIN CY0108430915 and will be transferred to the ordinary ISIN CY0101162119 and listed on Oslo Børs upon approval of a prospectus, estimated in June 2019.
Following issue of the new consideration shares, the Company has 515,876,015 shares outstanding, each of par value USD 0.01.
The completion of acquisition of BOA Galatea is in progress and will complete later, expected in July/August 2019.