DNO DNO ASA Class A

DNO Calls Meeting to Cancel 108,381,415 Own Shares Held by Company

DNO Calls Meeting to Cancel 108,381,415 Own Shares Held by Company

Oslo, 4 February 2020 - DNO ASA, the Norwegian oil and gas operator, today announced that its Board of Directors has called an Extraordinary General Meeting on 28 February 2020 to seek shareholder approval to cancel all 108,381,415 own shares held by the Company.  Acquisition of the 10 percent stake was completed last month at a weighted average price of NOK 10.61.

--

For further information, please contact:

Media:

Investors: 

Tel:

--

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen.

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

EN
04/02/2020

Underlying

DNODNO ASA Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DNO ASA Class A

ABGSC Oil & Oil Services Research ... (+5)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Njål Kleiven
  • Oliver Dunvold
  • Stian Wibstad
AKRBF AKER BP ASA
EQNR EQUINOR ASA
AKAST AKASTOR ASA
KOG KONGSBERG GRUPPEN ASA
SOC SUBSEA 7 S.A.
PEN PANORO ENERGY ASA
ARCHERO ARCHER
AKER AKER ASA CLASS A
DNO DNO ASA CLASS A
TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
ODL ODFJELL DRILLING
AKSOO AKER SOLUTIONS ASA
BWO BW OFFSHORE LIMITED
PRS PROSAFE
OKEA OKEA
BWE BW ENERGY
VAR VAR ENERGI ASA
SEAPT-NO SEACREST PETROLEO
DOFG DOF GROUP ASA
15h / 49m 15h / 49m 1 EN
ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Oliver Dunvold
15h / 50m 15h / 50m 1 EN
 PRESS RELEASE
Free
DNO DNO ASA CLASS A

DNO Completes Transformative North Sea Acquisition

DNO Completes Transformative North Sea Acquisition Oslo, 12 June 2025 – DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion. The acquired portfolio comprises 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd). The Company’s North Sea proven and probable (2P) reserves swell to 189 million barrels of oil equivalent (MMboe), also a fourfold increase....

June 12, 2025 1 EN
 PRESS RELEASE
Free
DNO DNO ASA CLASS A

Mandatory Notification of Trade

Mandatory Notification of Trade Attached are forms of notification of transactions by primary insiders relating to automatic cash settlement of synthetic shares awarded by shareholders at the 2023 and 2024 Annual General Meetings, which fully vested on the date of the 2025 AGM. New synthetic shares were awarded by shareholders to the directors of the Company at the 2025 AGM with two-year vesting. This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachments ...

June 6, 2025 1 EN
 PRESS RELEASE
Free
DNO DNO ASA CLASS A

DNO Raises USD 400 Million in Hybrid Bonds

DNO Raises USD 400 Million in Hybrid Bonds 5 June 2025 – DNO ASA, the Norwegian oil and gas operator, today completed a private placement of USD 400 million of subordinated hybrid bonds with a coupon rate of 10.75 percent. The hybrid bonds will have the first call at 100 percent of nominal value after 5.5 years, with coupon step-up after six years and maturity in 2085. The bond placement met strong investor demand across US, Nordic and international markets and was significantly oversubscribed. “This first hybrid bond issue capitalizes on our 24-year flawless record in the bond market,” sa...

June 5, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch