Share capital increase

July 8, 2022

(Oslo, 8 July 2022) Reference is made to the stock exchange announcement by Magseis Fairfield ASA (MSEIS) on 4 July 2022 regarding settlement of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) and corresponding increase of share capital.

The share capital has now been registered with the Norwegian Register of Business Enterprises (“Foretaksregisteret”). Following the registration, the new share capital of the Company is NOK 13,585,346.25 divided into 271,706,925 shares, each with a nominal value of NOK 0.05.

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

For further information, please contact:

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@magseisfairfield.com


André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

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Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.