Notice Of Ordinary General Meeting 27.05.2009
With reference to item no. 8 on the agenda for the ordinary general meeting; Authorization to the Board of Directors to increase the company’s share capital.
A mistake has occurred regarding amount and number of shares in the notice of ordinary general meeting sent to the shareholders on 13 May 2009.
The Board`s proposal shall read as follows:
The Board of Directors is granted authorisation to increase the company’s share capital by up to NOK 9,215,868 by the subscription and issue of up to 18,431,736 shares each with a nominal value of NOK 0.50.
This authorisation shall be valid until the date of the company’s Ordinary General Meeting in 2010, but not later than 30 June, 2010.
The authorisation comprises the right to depart from the shareholders’ right of priority with regards the subscription of new shares.
The authorisation covers the right to increase the company’s share capital via capital inflow in instruments other than money.
The authorisation does not comprise the resolution regarding mergers, according to the Public Limited Companies Act §13-5.
This proposal has been made on the grounds that the Board of Directors requires necessary freedom of action, under appropriate circumstances, to quickly access new capital for the financing of new purchases, acquisitions etc., or to issue new shares as a form of payment for potential acquisitions.
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