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22 August 2018, Limassol, Cyprus 

Reference is made to the Annual General Meeting of SeaBird Exploration PLC, announced on 19 July 2018, with a proposal for a 10:1 consolidation of shares, and to announcement of 10 August 2018 where proposals were announced as passed.

The Company announces that the consolidation of shares shall be implemented based on the key dates set out below:

Date on which the corporate action was made public: 19 July 2018
Consolidation ratio: 10:1 (10 existing shares gives 1 consolidated share)
Last day including right: 27 August 2018
Ex-date: 28 August 2018
Record Date: 29 August 2018 
Date of approval: 10 August 2018

 

About Seabird Exploration: SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry. SeaBird specializes in high quality operations within the high end of the source vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main focus for the company is proprietary seismic surveys (contract seismic). Main success criteria for the company are an unrelenting focus on Quality, Health, Safety and Environment (QHSE), combined with efficient collection of high quality seismic data.

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Hans Petter Klohs

CEO SeaBird Exploration

Phone: +47 22402718

or 

Nils Haugestad

CFO SeaBird Exploration

Phone: +47 22402717