Nyheter for DOF Installer ASA

DOF INSTALLER ASA - Interim Financial Report Q3 2011

Company news

2011-11-17 08:37:24

Please find the Interim Financial Report Q3 2011 attached.

Contact: Chairman Mons S. Aase, 91 66 10 12

DOF INSTALLER ASA - Interim Financial Report Q2 2011

Company news

2011-08-18 08:45:12

Please find the Interim Financial Report Q2 2011 attached.

Contact: Chairman Mons S. Aase, 91 66 10 12

Endring av aksje: DOF Installer ASA (DOFI)

Corporate actions

2011-06-01 12:46:17

Det er foretatt endringer i DOF Installer ASA (ISIN:NO0010359565, ticker DOFI). Aksjebeholdningen er øket fra 23 931 000 til 33 931 000. Emisjonsverdien er øket fra 478 620 000 til 678 620 000.

DOF INSTALLER ASA - Minutes of Meeting

Company news

2011-05-26 12:53:37

Please find Minutes from ordinary general meeting 25 May 2011 attached.

Contact: Chairman Mons Aase, +47 91 66 10 12

DOF INSTALLER ASA - Interim Financial Report Q1 2011

Company news

2011-05-25 08:30:56

Please find the Interim Financial Report Q1 2011 attached.

Contact: Chairman Mons S. Aase, 91 66 10 12

DOF INSTALLER ASA - RETTET EMISJON GJENNOMFØRT

Company news

2011-05-20 08:59:59

Det vises til pressemelding datert 10. mai 2011 vedrørende den planlagte rettede emisjonen i DOF Installer ASA ("DOF Installer"). Den 19. mai 2011 ble plasseringen av emisjonen gjennomført, noe som vil innbringe et bruttoproveny på NOK 200 millioner til DOF Installer. Emisjonen er betinget av godkjennelse fra den ordinære generalforsamlingen i DOF Installer som vil bli avholdt den 25. mai 2011. DOF Installer er et datterselskap i DOF Subsea-konsernet hvor DOF ASA har en eierandel på 51%.

Som et resultat av emisjonen, og under forutsetning av at den godkjennes av den ordinære generalforsamlingen i DOF Installer, vil det bli utstedt totalt 10.000.000 nye aksjer til en tegningskurs på NOK 20 per aksje. Totalt antall utestående aksjer etter emisjonen vil være 33.931.000. DOFCON AS, et heleid datterselskap i DOF Subsea-konsernet og majoritetsaksjonær i DOF Installer, vil ha en eierandel på ca. 84% i DOF Installer etter emisjonen.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann
Tlf: +47 91 66 10 12

DOF INSTALLER ASA - PRIVATE PLACEMENT OF SHARES COMPLETED

Company news

2011-05-20 08:59:28

Reference is made to the press release dated 10 May 2011 regarding the contemplated private placement of shares in DOF Installer ASA ("DOF Installer"). On 19 May 2011, DOF Installer completed the private placement raising gross proceeds of NOK 200 million. The private placement is subject to approval at the Annual General Meeting in DOF Installer to be held on 25 May 2011. DOF Installer is a subsidiary of the DOF Subsea group which is owned 51% by DOF ASA.

As a result of the private placement, and subject to the approval by the Annual General Meeting of DOF Installer, a total of 10,000,000 new shares will be issued at a subscription price of NOK 20 per share. The total number of shares outstanding after the private placement will be 33,931,000. DOFCON AS, a wholly owned subsidiary of the DOF Subsea group and the largest shareholder of DOF Installer, will own approximately 84% of the share capital of DOF Installer after the private placement.


For further information, please contact:
Mons Aase, chairman
Tel: +47 91 66 10 12


Important notice:
This announcement is not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. DOF Installer does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any member State, the "Prospectus Directive"), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

This announcement is only directed at (a) persons who are outside the United Kingdom; or (b) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (c) persons falling within Article 49(2)(a) to (d) of the Order; or (d) persons to whom any invitation or inducement to engage in investment activity can be communicated in circumstances where Section 21(1) of the Financial Services and Markets Act 2000 does not apply.

Certain statements included within this announcement contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections and estimates, (b) statements of management's plans, objectives and strategies for DOF Installer, such as planned expansions, investments or other projects, (c) costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in DOF Installer's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized.

No assurance can be given that such expectations will prove to have been correct. DOF Installer disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

DOF INSTALLER ASA - INNKALLING TIL ORDINÆR GENERALFORSAMLING

Company news

2011-05-10 14:23:15

Vedlegger innkalling til ordinær generalforsamling i DOF Installer ASA.

Kontaktperson:
Styreformann Mons Aase, mob. 91 66 10 12

DOF INSTALLER ASA - NOTICE OF ORDINARY GENERAL MEETING

Company news

2011-05-10 14:19:50

Please find notice of ordinary general meeting attached.

Contact:
Chairman Mons Aase, Tel. +47 91 66 10 12

DOF INSTALLER ASA - PLANLAGT RETTET EMISJON

Company news

2011-05-10 14:01:57

DOF Installer ASA ("DOF Installer") planlegger å gjennomføre en rettet emisjon med brutto emisjonsproveny på NOK 200 millioner ved utstedelse av totalt 10 millioner nye aksjer til tegningskurs NOK 20 per aksje. Totalt antall utestående aksjer etter gjennomføring av den planlagte emisjonen vil være 33,9 millioner. Den planlagte rettede emisjonen vil være betinget av godkjennelse fra den ordinære generalforsamling i DOF Installer som avholdes den 25. mai 2011. DOF Installer er et datterselskap i DOF Subsea-konsernet hvor DOF ASA har en eierandel på 51%.

Tegningsperioden vil være fra tirsdag 10. mai 2011 til og med torsdag 19. mai 2011 kl 17:00. Tegningsperioden kan imidlertid avsluttes tidligere eller bli forlenget dersom DOF Installer ønsker det.

DOFCON AS, et heleid datterselskap av DOF Subsea AS og majoritetsaksjonær i DOF Installer, har forpliktet seg til å tegne, og vil bli tildelt, ca. 79% av de nye aksjene som skal utstedes for å opprettholde sin eksisterende eierandel. DOFCON AS har i tillegg garantert for tegning av de gjenværende aksjene som skal utstedes i den planlagte rettede emisjonen.

DOF Installer eier en flåte på to store ankerhåndteringsskip som bygget av STX Europe i Norge (Aukra), og har ytterligere ett tilsvarende skip under bygging på samme verft. Det første av skipene, Skandi Skolten, ble levert i juli 2010 og påbegynte en 1-års kontrakt med DOF Subsea Norway AS i august 2010. Det andre skipet, Skandi Hercules, ble levert i desember 2010 og har operert i spot-markedet i Nordsjøen siden levering. Det tredje skipet, Skandi Skansen (tidligere Skandi Bergen), forventes levert i juli 2011.

Provenyet fra den planlagte rettede emisjonen vil hovedsakelig bli brukt til å del-finansiere siste verftsbetaling og oppstartskostnader i forbindelse med levering av Skandi Skansen og generelle selskapsformål, samt finansiere diverse del-innbetalinger på offshore-kraner og annet skipsutstyr.

For ytterligere informasjon i forbindelse med den planlagte emisjonen henvises det til investorpresentasjon vedlagt den engelske versjonen av denne pressemeldingen utstedt av DOF Installer (ticker: "DOFI") på OTC sine hjemmesider (www.nfmf.no). Pareto Securities AS er engasjert som tilrettelegger for den planlagte emisjonen.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann
Tlf: +47 91 66 10 12

DOF INSTALLER ASA - CONTEMPLATED PRIVATE PLACEMENT OF SHARES

Company news

2011-05-10 14:01:01

DOF Installer ASA ("DOF Installer") intends to raise gross proceeds of NOK 200 million through a private placement of shares by issuing a total of 10 million new shares at a subscription price of NOK 20 per share. The total number of shares outstanding following completion of the contemplated private placement will be 33.9 million. The private placement will be subject to the approval of the required share capital increase at the Ordinary General Meeting in DOF Installer to be held on 25 May 2011. DOF Installer is a subsidiary of the DOF Subsea group which is owned 51% by DOF ASA.

The application period will commence on Tuesday 10 May 2011 and close on Thursday 19 May 2011 at 17:00 hours (CET). However, the application period may close earlier or be extended at DOF Installer's discretion.

DOFCON AS, a wholly owned subsidiary of DOF Subsea AS and the largest shareholder of DOF Installer, has committed to subscribe for, and will be allocated, approximately 79% of the new shares to be issued in the contemplated private placement in order to maintain its existing ownership, and has in addition fully underwritten the remaining portion of the private placement.

DOF Installer owns a fleet of two large anchor handling and subsea installation vessels built at STX Europe in Norway (Aukra), and has a third sister vessel under construction at the same yard. The first of the vessels, Skandi Skolten, was delivered in July 2010, and commenced on a 1 year contract with DOF Subsea Norway AS in August 2010. The second vessel, Skandi Hercules, was delivered in December 2010 and has been operating in the North Sea spot market since delivery. The third vessel, Skandi Skansen (previously named Skandi Bergen), is expected to be delivered in July 2011.

Proceeds from the contemplated private placement of shares will primarily be used to partly finance the take-out payment to the yard and start-up costs in connection with the delivery of Skandi Skansen and general corporate purposes, as well as to fund various milestone payments on offshore cranes and other vessel equipment.

For further details in relation to the contemplated private placement, please refer to the enclosed investor presentation. Pareto Securities AS has been retained as manager in relation to the contemplated private placement of shares.


For further information, please contact:
Mons Aase, chairman
Tel: +47 91 66 10 12


Important notice:
This announcement is not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. DOF Installer does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any member State, the "Prospectus Directive"), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

This announcement is only directed at (a) persons who are outside the United Kingdom; or (b) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (c) persons falling within Article 49(2)(a) to (d) of the Order; or (d) persons to whom any invitation or inducement to engage in investment activity can be communicated in circumstances where Section 21(1) of the Financial Services and Markets Act 2000 does not apply.

Certain statements included within this announcement contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections and estimates, (b) statements of management's plans, objectives and strategies for DOF Installer, such as planned expansions, investments or other projects, (c) costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in DOF Installer's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized.

No assurance can be given that such expectations will prove to have been correct. DOF Installer disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

ANNUAL REPORT 2010 DOF Installer ASA

Company news

2011-04-29 14:21:24

Please find attached the annual report 2010 for DOF Installer ASA, approved by the Board of Directors.

Contact:
Chairman Mons Aase, Tel. +47 91 66 10 12

DOF INSTALLER ASA - BOARD APPROVAL OF FINAL ACCOUNTS 2010

Company news

2011-04-28 09:00:18

In its meeting on 27 April 2011, the Board of Directors of DOF Installer ASA approved the final report and accounts for 2010 in conformity with
preliminary figures published on 24 February, 2011.

Date for the annual general meeting of shareholders will be announced in May.

Contact:
CFO Jan Nore, tel +47 48 09 46 99

DOF INSTALLER ASA - STYREGODKJENNING AV ENDELIG ÅRSREGNSKAP 2010

Company news

2011-04-28 08:58:47

Styret i DOF Installer ASA har i styremøte den 27. april 2011 godkjent endelig årsregnskap for 2010. Endelig regnskap er i tråd med foreløpig rapport presentert den 24. februar 2011.

Dato for avholdelse av ordinær generalforsamling vil bli offentliggjort i mai.


Kontaktperson:
CFO Jan Nore, tlf 48 09 46 99

DOF INSTALLER ASA - FINANCIAL REPORT DECEMBER 2010

Company news

2011-02-24 08:59:40

Please find Financial Report December 2010 attached.

For further information please contact:
Mons Aase, Chairman of DOF Installer ASA
tel.: +47 91 66 10 12

Endring av aksje: DOF Installer ASA (DOFI)

Corporate actions

2010-12-01 13:30:26

Det er foretatt endringer i DOF Installer ASA (ISIN:NO0010359565, ticker DOFI). Aksjebeholdningen er øket fra 13 931 000 til 23 931 000. Emisjonsverdien er øket fra 278 620 000 til 478 620 000.

DOF INSTALLER ASA - generalforsamlingsprotokoll

Company news

2010-11-29 13:44:16

Vedlagt følger protokoll fra ekstraordinær generalforsamling 25. november 2010.

Kontaktperson: Mons Aase, mob. 91 66 10 12

DOF INSTALLER ASA - Minutes of Meeting

Company news

2010-11-29 13:42:14

Please find Minutes from extraordinary general meeting 25 Nov 2010 attached.

Contact: Chairman Mons Aase, +47 91 66 10 12

DOF INSTALLER ASA - Interim Financial Report Q3 2010

Company news

2010-11-18 09:09:16

Please find the Interim Financial Report Q3 2010 attached.

Contact: Chairman Mons S. Aase, 91 66 10 12

DOF Installer ASA - Innkalling til ekstraordinær generalforsamling - Påminnelse

Company news

2010-11-12 13:21:15

Vedlagt er innkalling til ekstraordinær generalforsamling, som skal avholdes den 25. november 2010. Innkalling er tidligere sendt selskapets aksjonærer pr. post.

Kontaktperson: Styreformann Mons Aase, 91661012

DOF Installer ASA - Notice of extraordinary general meeting - Reminder

Company news

2010-11-12 13:20:17

Please find enclosed a calling for extraordinary general meeting on 25 November 2010. The calling is already sent to the company`s shareholders per mail.

Contact: Chairman Mons Aase, +4791661012

DOF INSTALLER ASA - RETTET EMISJON GJENNOMFØRT

Company news

2010-11-03 09:35:29

Det vises til pressemelding datert 26. oktober 2010 vedrørende den planlagte rettede emisjonen i DOF Installer ASA ("DOF Installer"). Den 2. november 2010 ble plasseringen av emisjonen gjennomført, noe som vil innbringe et bruttoproveny på NOK 200 millioner til DOF Installer. Emisjonen er betinget av godkjennelse fra den ekstraordinære generalforsamlingen i DOF Installer som vil bli avholdt den 25. november 2010. DOF Installer er et datterselskap i DOF Subsea-konsernet hvor DOF ASA har en eierandel på 51%.

Som et resultat av emisjonen, og under forutsetning av at den godkjennes av den ekstraordinære generalforsamlingen i DOF Installer, vil det bli utstedt totalt 10.000.000 nye aksjer til en tegningskurs på NOK 20 per aksje. Totalt antall utestående aksjer etter emisjonen vil være 23.931.000. DOFCON AS, et heleid datterselskap av DOF Subsea AS og majoritetsaksjonær i DOF Installer, vil ha en eierandel på ca 78,5% i DOF Installer etter emisjonen.

Provenyet fra den rettede emisjonen vil hovedsakelig bli brukt til å del-finansiere siste verftsbetaling og oppstartskostnader i forbindelse med levering av Skandi Hercules, samt finansiere diverse del-innbetalinger på offshore-kraner og annet skipsutstyr.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann
Tlf: +47 91 66 10 12

DOF INSTALLER ASA - PRIVATE PLACEMENT OF SHARES COMPLETED

Company news

2010-11-03 09:35:01

Reference is made to the press release dated 26 October 2010 regarding the contemplated private placement of shares in DOF Installer ASA ("DOF Installer"). On 2 November 2010, DOF Installer completed the private placement raising gross proceeds of NOK 200 million. The private placement is subject to approval at the Extraordinary General Meeting in DOF Installer to be held on 25 November 2010. DOF Installer is a subsidiary of the DOF Subsea group which is owned 51% by DOF ASA.

As a result of the private placement, and subject to the approval by the Extraordinary General Meeting of DOF Installer, a total of 10,000,000 new shares will be issued at a subscription price of NOK 20 per share. The total number of shares outstanding after the private placement will be 23,931,000. DOFCON AS, a wholly owned subsidiary of DOF Subsea AS and the largest shareholder of DOF Installer, will own approximately 78.5% of the share capital of DOF Installer after the private placement.

Proceeds from the private placement will primarily be used to partly finance the take-out payment to the yard and start-up costs in connection with the delivery of Skandi Hercules, as well as to fund various milestone payments on offshore cranes and other vessel equipment.


For further information, please contact:
Mons Aase, chairman
Tel: +47 91 66 10 12


Important notice:
This announcement is not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. DOF Installer does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any member State, the "Prospectus Directive"), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

This announcement is only directed at (a) persons who are outside the United Kingdom; or (b) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (c) persons falling within Article 49(2)(a) to (d) of the Order; or (d) persons to whom any invitation or inducement to engage in investment activity can be communicated in circumstances where Section 21(1) of the Financial Services and Markets Act 2000 does not apply.

Certain statements included within this announcement contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections and estimates, (b) statements of management's plans, objectives and strategies for DOF Installer, such as planned expansions, investments or other projects, (c) costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in DOF Installer's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized.

No assurance can be given that such expectations will prove to have been correct. DOF Installer disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

DOF INSTALLER ASA - PLANLAGT RETTET EMISJON

Company news

2010-10-26 12:04:28

DOF Installer ASA ("DOF Installer") planlegger å gjennomføre en rettet emisjon med brutto emisjonsproveny på NOK 200 millioner ved utstedelse av totalt 10.000.000 nye aksjer til tegningskurs NOK 20 per aksje. Totalt antall utestående aksjer etter gjennomføring av den planlagte emisjonen vil være 23.931.000. Den planlagte rettede emisjonen vil være betinget av godkjennelse fra ekstraordinær generalforsamling i DOF Installer som forventes avholdt den 25. november 2010. DOF Installer er et datterselskap i DOF Subsea gruppen hvor DOF ASA har en eierandel på 51%.

Tegningsperioden vil være fra 26. oktober 2010 til og med 2. november 2010 kl 17:00. Tegningsperioden kan imidlertid avsluttes tidligere eller bli forlenget dersom DOF Installer ønsker det.

DOFCON AS, et heleid datterselskap av DOF Subsea AS og majoritetsaksjonær i DOF Installer, har forpliktet seg til å tegne, og vil bli tildelt, ca. 67% av de nye aksjene som skal utstedes for å opprettholde sin eksisterende eierandel. DOFCON AS har i tillegg garantert for tegning av de gjenværende aksjene som skal utstedes i den planlagte rettede emisjonen.

Formålet med emisjonen er å del-finansiere byggingen av DOF Installers store ankerhåndteringsskip som bygges av STX Europe i Norge (Aukra). Etter salget av nybyggingskontrakten for det første fartøyet (Skandi Vega) til DOF i januar 2010, har DOF Installer hatt tre slike fartøy under bygging. Det første av disse, Skandi Skolten, ble levert i juli 2010 og påbegynte en 1-års kontrakt med DOF Subsea Norway AS i august 2010. De to gjenværende nybyggene, Skandi Hercules og Skandi Bergen, forventes levert i henholdsvis desember 2010 og juli 2011.

Provenyet fra den planlagte rettede emisjonen vil hovedsakelig bli brukt til å del-finansiere siste verftsbetaling og oppstartskostnader i forbindelse med levering av Skandi Hercules, samt finansiere diverse del-innbetalinger på offshore-kraner og annet skipsutstyr. DOF Installer vil ha behov for ytterligere egenkapital før forventet levering av Skandi Bergen i juli 2011.

For ytterligere informasjon i forbindelse med den planlagte emisjonen henvises det til investorpresentasjon vedlagt pressemelding utstedt av DOF Installer (ticker: "DOFI") på OTC sine hjemmesider (www.nfmf.no). Pareto Securities AS er engasjert som tilrettelegger for den planlagte emisjonen.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann
Tlf: +47 91 66 10 12

DOF INSTALLER ASA - CONTEMPLATED PRIVATE PLACEMENT OF SHARES

Company news

2010-10-26 12:02:59

DOF Installer ASA ("DOF Installer") intends to raise gross proceeds of NOK 200 million through a private placement of shares by issuing a total of 10,000,000 new shares at a subscription price of NOK 20 per share. The total number of shares outstanding following completion of the contemplated private placement will be 23,931,000. The private placement will be subject to the approval of the required share capital increase at an Extraordinary General Meeting in DOF Installer expected to be held on or about 25 November 2010. DOF Installer is a subsidiary of the DOF Subsea group which is owned 51% by DOF ASA.

The application period will commence on 26 October 2010 and close on 2 November 2010 at 17:00 hours (CET). However, the application period may close earlier or be extended at DOF Installer's discretion.

DOFCON AS, a wholly owned subsidiary of DOF Subsea AS and the largest shareholder of DOF Installer, has committed to subscribe for, and will be allocated, approximately 67% of the new shares to be issued in the contemplated private placement in order to maintain its existing ownership, and has in addition fully underwritten the remaining portion of the private placement.

The purpose of the contemplated private placement of shares is to partly finance the construction of DOF Installer's large anchor handling and subsea installation vessels currently being built at STX Europe in Norway (Aukra). After the sale of the shipbuilding contract for the first vessel (Skandi Vega) to DOF in January 2010, DOF Installer has had three such vessels under construction. The first of these vessels, Skandi Skolten, was delivered in July 2010, and commenced on a 1 year contract with DOF Subsea Norway AS in August 2010. The remaining two newbuilds, Skandi Hercules and Skandi Bergen, are expected to be delivered in December 2010 and July 2011, respectively.

Proceeds from the contemplated private placement of shares will primarily be used to partly finance the take-out payment to the yard and start-up costs in connection with the delivery of Skandi Hercules, as well as to fund various milestone payments on offshore cranes and other vessel equipment. DOF Installer will require additional equity capital funding prior to the expected delivery of Skandi Bergen in July 2011.

For further details in relation to the contemplated private placement, please refer to the investor presentation enclosed to the press release issued by DOF Installer (ticker: "DOFI") on the OTC website (www.nfmf.no). Pareto Securities AS has been retained as manager in relation to the contemplated private placement of shares.


For further information, please contact:
Mons Aase,chairman
Tel: +47 91 66 10 12


Important notice:
This announcement is not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. DOF Installer does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any member State, the "Prospectus Directive"), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

This announcement is only directed at (a) persons who are outside the United Kingdom; or (b) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (c) persons falling within Article 49(2)(a) to (d) of the Order; or (d) persons to whom any invitation or inducement to engage in investment activity can be communicated in circumstances where Section 21(1) of the Financial Services and Markets Act 2000 does not apply.

Certain statements included within this announcement contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections and estimates, (b) statements of management's plans, objectives and strategies for DOF Installer, such as planned expansions, investments or other projects, (c) costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in DOF Installer's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized.

No assurance can be given that such expectations will prove to have been correct. DOF Installer disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Tilbakekjøp av nybyggingskontrakt

Company news

2010-10-19 13:33:08

Den 18. mars 2010 ble nybyggingskontrakt for byggenr. 722 (Skandi Hercules) solgt fra DOF Installer ASA til DOF Subsea AS. DOF Subsea AS har en rett til å selge tilbake nybyggingskontrakten til DOF Installer ASA ved å gi melding til DOF Installer ASA innen utløpet av oktober, på avtalte betingelser. DOF Subsea AS har nå erklært at selskapet vil utøve tilbakesalgsretten iht. avtalen.

For ytterligere informasjon, vennligst kontakt:
Styreformann Mons S. Aase
Tlf: +47 91 66 10 12

Re-sale of shipbuilding contract

Company news

2010-10-19 13:31:56

On 18 March 2010 the shipbuilding contract for Hull 722 (Skandi Hercules) was sold from DOF Installer ASA to DOF Subsea AS. DOF Subsea AS has an option to re-sell the building contract to DOF Installer ASA by giving notice to DOF Installer ASA within ultimo October, on terms and conditions agreed. The re-sale option has now been declared by DOF Subsea AS pursuant to the agreement.

For additional information please contact:
Chairman Mons S. Aase,+47 91 66 10 12

Financial Report first half 2010

Company news

2010-08-31 15:27:12

DOF Installer ASA - generalforsamlingsprotokoll

Company news

2010-07-29 17:11:02

Vedlegger protokoll fra ekstraordinær generalforsamling 29.07.10.

Kontakperson: Mons S. Aase, 91 66 10 12

DOF Installer ASA- Minutes of Meeting

Company news

2010-07-29 17:08:29

Please find Minutes of extraordinary general meeting 29.07.10 attached.

Contact: Chairman Mons S. Aase, +47 91 66 10 12

DOF INSTALLER ASA - Innkalling til ekstraordinær generalforsamling

Company news

2010-07-09 10:10:27

Vedlagt er innkalling til ekstraordinær generalforsamling som skal avholdes den 29. juli 2010.

Kontaktperson: Styreformann Mons Aase, 91661012

DOF INSTALLER ASA- Notice of extraordinay general meeting

Company news

2010-07-09 10:07:21

Please find enclosed a calling for extraordinary general meeting on 29 July 2010.

Contact: Chairman Mons Aase, +4791661012

DOF INSTALLER ASA - generalforsamlingsprotokoll

Company news

2010-07-08 14:22:03

Vedlegger protokoll fra ekstraordinær generalforsamling 14. juni 2010.

DOF INSTALLER ASA - Minutes of meeting

Company news

2010-07-08 14:20:22

Please find Minutes of extraordinary general meeting on 14 June 2010 attached.

DOF INSTALLER ASA - INNKALLING TIL ORDINÆR GENERALFORSAMLING

Company news

2010-05-20 13:58:28

Vedlegger innkalling til ordinær generalforsamling i DOF Installer ASA.

Kontaktperson styreformann Mons S. Aase, 91 66 10 12

DOF INSTALLER ASA - NOTICE OF ORDINARY GENERAL MEETING

Company news

2010-05-20 13:56:00

Please find notice of ordinary general meeting attached.

Contact; Mons S. Aase, Chairman of the Board +47 91 66 10 12

DOF INSTALLER ASA - ÅRSREGNSKAP 2009

Company news

2010-05-10 17:40:23

Vedlegger årsregnskap for DOF Installer ASA 2009.

For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann i DOF Installer
Tlf: +47 91 66 10 12

Endring av aksje: DOF Installer ASA (DOFI)

Corporate actions

2010-04-20 13:37:59

Det er foretatt endringer i DOF Installer ASA (ISIN:NO0010359565, ticker DOFI). Aksjebeholdningen er øket fra 6 431 000 til 13 931 000. Emisjonsverdien er redusert fra 321 550 000 til 278 620 000.

DOF INSTALLER ASA - EGM APPROVES PRIVATE PLACEMENT OF SHARES AND SALE OF SHIPBUILDING CONTRACT FOR HULL #722

Company news

2010-04-07 08:32:31

Reference is made to press release dated 18 March 2010 regarding the contemplated private placement of shares in DOF Installer ASA ("DOF Installer"). On 6 April 2010, the extraordinary general meeting of DOF Installer approved the private placement of shares raising gross proceeds of NOK 150 million.

As a result of the private placement, a total of 7,500,000 new shares will be issued at a subscription price of NOK 20 per share. The total number of shares outstanding post the private placement will be 13,931,000. DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, will own approximately 66.9% of the share capital of DOF Installer post the issuance of new shares.

Furthermore, the extraordinary general meeting of DOF Installer also approved the sale of the shipbuilding contract for hull #722 to DOF Subsea AS at a price of NOK 153.5 million which is equivalent to the construction cost and in-line with the current fair market value estimate. The sale remains subject to the consent from STX in relation to the transfer of the shipbuilding contract. Such consent is expected to be obtained shortly.

In connection with the sale of hull #722, DOF Installer has granted DOF Subsea AS a right to sell the shipbuilding contract back to DOF Installer at the same price in the event that DOF's contemplated listing of its Brazilian activities, Norskan Offshore, in Brazil is not completed by end of July 2010.

For further information, please contact:
Mons Aase, chairman of DOF Installer
Tel: +47 91 66 10 12


Important notice :
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - RETTET EMISJON OG SALG AV NYBYGGINGSKONTRAKT (BYGGENR. 722) VEDTATT AV EKSTRAORDINÆR GENERALFORSAMLING

Company news

2010-04-07 08:31:07

Det vises til pressemelding datert 18. mars 2010 vedrørende den planlagte rettede emisjonen i DOF Installer ASA ("DOF Installer"). Den 6. april 2010 ble emisjonen vedtatt av den ekstraordinære generalforsamlingen i DOF Installer, noe som vil innbringe et bruttoproveny på NOK 150 millioner.

Som et resultat av emisjonen vil det bli utstedt totalt 7.500.000 nye aksjer til en tegningskurs på NOK 20 per aksje. Totalt antall utestående aksjer etter emisjonen vil være 13.931.000. DOF Subsea Holding 2 AS vil ha en eierandel på ca 66,9% i DOF Installer etter utstedelse av de nye aksjene.

Den ekstraordinære generalforsamlingen i DOF Installer har i tillegg vedtatt salget av ytterligere en av sine nybyggingskontrakter (byggenr. 722) til DOF Subsea AS til en pris på NOK 153,5 millioner tilsvarende byggekostnaden og i samsvar med nåværende verdianslag fra skipsmeglere. Salget er fortsatt betinget av samtykke fra STX til overtakelsen av nybyggingskontrakten, noe som forventes å være mottatt i løpet av kort tid.

DOF Installer har i forbindelse med salget av nybyggingskontrakten gitt DOF Subsea AS en rett til å selge nybyggingskontrakten tilbake til DOF Installer, til den samme prisen, i tilfelle DOF's planlagte notering i Brasil av sin brasilianske virksomhet, Norskan Offshore, ikke er gjennomført innen slutten av juli 2010.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann i DOF Installer
Tlf: +47 91 66 10 12


Important notice:
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - PRIVATE PLACEMENT OF SHARES COMPLETED

Company news

2010-03-26 09:15:54

Reference is made to press release dated 18 March 2010 regarding the contemplated private placement of shares in DOF Installer ASA ("DOF Installer"). On 25 March 2010, DOF Installer completed the private placement of shares raising gross proceeds of NOK 150 million. The private placement is subject to approval at the EGM to be held on 6 April 2010.

As a result of the private placement, a total of 7,500,000 new shares will be issued at a subscription price of NOK 20 per share. The total number of shares outstanding post the private placement will be 13,931,000. DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, was allotted a total of 5.9 million new shares of which approximately 1.9 million shares were allotted pursuant to its underwriting obligation. DOF Subsea Holding 2 AS will own approximately 66.9% of the share capital of DOF Installer post the private placement.

The purpose of the private placement is to partly finance the construction of DOF Installer's large anchor handling vessels currently being built at STX Europe in Norway (Aukra).


For further information, please contact:
Mons Aase, chairman of DOF Installer
Tel: +47 91 66 10 12


Important notice :
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - RETTET EMISJON GJENNOMFØRT

Company news

2010-03-26 09:15:25

Det vises til pressemelding datert 18. mars 2010 vedrørende den planlagte rettede emisjonen i DOF Installer ASA ("DOF Installer"). Den 25. mars 2010 ble emisjonen gjennomført, noe som vil innbringe et bruttoproveny på NOK 150 millioner til DOF Installer. Emisjonen er betinget av godkjennelse fra generalforsamlingen i DOF Installer som vil bli avholdt den 6. april 2010.

Som et resultat av emisjonen vil det bli utstedt totalt 7.500.000 nye aksjer til en tegningskurs på NOK 20 per aksje. Totalt antall utestående aksjer etter emisjonen vil være 13.931.000. DOF Subsea Holding 2 AS, majoritetsaksjonær i DOF Installer, ble totalt tildelt 5.9 millioner nye aksjer hvorav ca 1.9 millioner aksjer ble tildelt i henhold til fulltegningsgarantien. DOF Subsea Holding 2 AS vil ha en eierandel på ca 66.9% i DOF Installer etter emisjonen.

Formålet med emisjonen er å delfinansiere byggingen av DOF Installers store ankerhåndteringsskip som bygges av STX Europe i Norge (Aukra).


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann i DOF Installer
Tlf: +47 91 66 10 12


Important notice:
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - FORLENGELSE AV TEGNINGSPERIODE FOR PLANLAGT RETTET EMISJON

Company news

2010-03-25 08:39:47

Det vises til pressemelding datert 18. mars 2010 vedrørende den planlagte rettede emisjonen i DOF Installer ASA ("DOF Installer"). Den 24. mars 2010 besluttet DOF Installer i henhold til bestillingsvilkårene ("terms of application") å forlenge tegningsperiode frem til torsdag 25. mars kl 20:00. Forlengelsen av tegningsperioden gjøres for å gi gjenværende potensielle tegnere mulighet til å ferdigstille sine interne investeringsbeslutninger.

DOF Subsea Holding 2 AS, majoritetsaksjonær i DOF Installer, har forpliktet seg til å tegne, og vil bli tildelt, ca 53% av de nye aksjene som skal utstedes for å opprettholde sin eksisterende eierandel. De har i tillegg garantert for tegning av de gjenværende aksjene som skal utstedes i den planlagte rettede emisjonen.

For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann i DOF Installer
Tlf: +47 91 66 10 12


Important notice:
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - EXTENSION OF APPLICATION PERIOD IN CONTEMPLATED PRIVATE PLACEMENT OF SHARES

Company news

2010-03-25 08:38:35

Reference is made to press release dated 18 March 2010 regarding the contemplated private placement of shares in DOF Installer ASA ("DOF Installer"). On 24 March 2010, and in accordance with the terms of application, DOF Installer decided to extend the application period until Thursday 25 March 2010 at 20:00 hours (CET). The extension is made in order to provide remaining potential subscribers an opportunity to finalise their internal investment decisions.

DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, has committed to subscribe for, and will be allocated, approximately 53% of the new shares to be issued in the contemplated private placement in order to maintain its existing ownership, and has in addition fully underwritten the remaining portion of the private placement.

For further information, please contact:
Mons Aase, chairman of DOF Installer
Tel: +47 91 66 10 12


Important notice :
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - INNKALLING TIL EKSTRAORDINÆR GENERALFORSAMLING

Company news

2010-03-19 09:08:13

Vedlagt finnes innkalling til EKSTRAORDINÆR GENERALFORSAMLING som skal avholdes den 6. april 2010.

Contact: CFO Geir Johansen, +47 55 25 22 20

DOF INSTALLER ASA - NOTICE OF EXTRAORDINARY GENERAL MEETING

Company news

2010-03-19 09:07:12

Please find enclosed a calling for EXTRAORDINARY GENERAL MEETING on April 6th 2010.

Contact: CFO Geir Johansen, +47 55 25 22 20

DOF INSTALLER ASA - COMPANY UPDATE

Company news

2010-03-18 15:26:57

Please find enclosed a company update dated 18 March 2010.

Contact: CFO Geir Johansen, +47 55 25 22 20

DOF INSTALLER ASA - PLANLAGT RETTET EMISJON OG SALG AV NYBYGGINGSKONTRAKT (BYGGENR. 722)

Company news

2010-03-18 15:19:23

DOF Installer ASA ("DOF Installer") planlegger å gjennomføre en rettet emisjon med brutto emisjonsproveny på NOK 150 millioner ved utstedelse av totalt 7.500.000 nye aksjer til tegningskurs NOK 20 per aksje. Totalt antall aksjer etter gjennomføring av den planlagte emisjonen vil være 13.931.000 aksjer. Den planlagte rettede emisjonen vil være betinget av godkjennelse fra generalforsamlingen i DOF Installer som vil bli avholdt den 6. april 2010.

Tegningsperioden vil være fra 18. mars 2010 til og med 24. mars 2010 kl 17:00. Tegningsperioden kan imidlertid avsluttes tidligere eller bli forlenget dersom DOF Installer ønsker det.

DOF Subsea Holding 2 AS, majoritetsaksjonær i DOF Installer, har forpliktet seg til å tegne, og vil bli tildelt, ca. 53% av de nye aksjene som skal utstedes for å opprettholde sin eksisterende eierandel. De har i tillegg garantert for tegning av de gjenværende aksjene som skal utstedes i den planlagte rettede emisjonen.

Formålet med emisjonen er å delfinansiere byggingen av DOF Installers store ankerhåndteringsskip som skal bygges av STX Europe i Norge (Aukra). Etter salget av nybyggingskontrakten for det første fartøyet (Skandi Vega) til DOF i februar 2010, har DOF Installer nå tre fartøy under bygging.

DOF Installer har i tillegg inngått en avtale med DOF Subsea AS vedrørende salg av ytterligere en av sine nybyggingskontrakter (byggenr. 722) til en pris på NOK 153,5 millioner tilsvarende byggekostnaden og i samsvar med nåværende verdianslag fra skipsmeglere. Salget er betinget av godkjennelse fra generalforsamlingen i DOF Installer som vil bli avholdt den 6. april 2010, samt samtykke fra STX til overtakelsen av nybyggingskontrakten. DOF Installer har i forbindelse med salget av nybyggingskontrakten gitt DOF Subsea AS en rett til å selge nybyggingskontrakten tilbake til DOF Installer, til den samme prisen, i tilfelle DOF's planlagte notering i Brasil av sin brasilianske virksomhet, Norskan Offshore, ikke er gjennomført innen slutten av juli 2010. Den planlagte rettede emisjonen er ikke betinget av gjennomføring av salget av nybyggingskontrakten.

Den planlagte rettede emisjonen i kombinasjon med salget av nybyggingskontrakten for byggenr. 722 forventes å tilføre DOF Installer tilstrekkelig kapital til å fullføre nybyggingsprogrammet for de gjenværende to fartøyene. Dersom nybyggingskontrakten for byggenr. 722 selges tilbake til DOF Installer, og salget således reverseres, vil DOF Installer høyst sannsynlig ha behov for ytterligere egenkapital i løpet av fjerde kvartal 2010 i forbindelse med den planlagte overtakelse av dette fartøyet.


For ytterligere informasjon, vennligst kontakt:
Mons Aase, styreformann i DOF Installer
Tlf: +47 91 66 10 12


Important notice:
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - CONTEMPLATED PRIVATE PLACEMENT OF SHARES AND SALE OF SHIPBUILDING CONTRACT FOR HULL #722

Company news

2010-03-18 15:18:43

DOF Installer ASA ("DOF Installer") intends to raise gross proceeds of NOK 150 million through a private placement of shares by issuing a total of 7,500,000 new shares at a subscription price of NOK 20 per share. The total number of shares outstanding following completion of the contemplated private placement will be 13,931,000 shares. The private placement will be subject to the approval of the required share capital increase by shareholders at the General Meeting in DOF Installer to be held on 6 April 2010.

The application period will open on 18 March 2010 and close on 24 March 2010 at 17:00 hours (CET). However, the application period may close earlier or be extended at DOF Installer's discretion.

DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, has committed to subscribe for, and will be allocated, approximately 53% of the new shares to be issued in the contemplated private placement in order to maintain its existing ownership, and has in addition fully underwritten the remaining portion of the private placement.

The purpose of the contemplated private placement of shares is to partly finance the construction of DOF Installer's large anchor handling vessels currently being built at STX Europe in Norway (Aukra). After the sale of the shipbuilding contract for the first vessel (Skandi Vega) to DOF in February 2010, DOF Installer currently has three such vessels under construction.

In addition, DOF Installer has entered into an agreement with DOF Subsea AS for the sale of the shipbuilding contract for hull #722 at a price of NOK 153.5 million which is equivalent to the construction cost and in-line with the current fair market value estimate. The sale is subject to the required approval by shareholders at the General Meeting in DOF Installer to be held on 6 April 2010 and the consent from STX in relation to the transfer of the shipbuilding contract. In connection with the sale of hull #722, DOF Installer has granted DOF Subsea AS a right to sell the shipbuilding contract back to DOF Installer at the same price in the event that DOF's contemplated listing of its Brazilian activities, Norskan Offshore, in Brazil is not completed by end of July 2010. The contemplated private placement of shares is not conditional upon the completion of the sale of hull #722.

The contemplated private placement of shares in combination with the sale of hull #722 is expected to provide DOF Installer with sufficient funding to complete the construction program for the remaining two vessels. In the event the shipbuilding contract for hull #722 is sold back to DOF Installer and effectively reversed, DOF Installer will most likely require additional equity capital funding during Q4 2010 in connection with expected delivery of this vessel.


For further information, please contact:
Mons Aase, chairman of DOF Installer
Tel: +47 91 66 10 12

Important notice :
This notice is not an offer for sale of securities in the United States. The securities referred to in this notice have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.

DOF INSTALLER ASA - generalforsamlingsprotokoll

Company news

2010-01-25 08:20:15

Vedlegger protokoll fra ekstraordinær generalforsamling 21 januar 2010.

DOF INSTALLER ASA - Minutes of Meeting

Company news

2010-01-25 08:17:15

Please find Minutes of extraordinary general meeting on 21 January 2010 attached.

DOF INSTALLER ASA - INNKALLING TIL EKSTRAORDINÆR GENERALFORSAMLING

Company news

2010-01-06 13:02:34

Vedlegger innkalling til ekstraordinær generalforsamling.

Kontaktperson: CFO Hilde Drønen, 91 66 10 09

DOF INSTALLER ASA - NOTICE OF EXTRAORDINARY GENERAL MEETING

Company news

2010-01-06 12:56:48

Please find notice of extraordinay general meeting attached.

Contact: CFO Hilde Drønen, +47 91 66 10 09

Endring av aksje: DOF Installer ASA (DOFI)

Corporate actions

2009-10-06 13:44:14

Det er foretatt endringer i DOF Installer ASA (ISIN:NO0010359565, ticker DOFI). Aksjebeholdningen er øket fra 5 631 000 til 6 431 000. Emisjonsverdien er redusert fra 732 030 000 til 321 550 000.

DOF INSTALLER ASA - EGM APPROVES SHARE ISSUE

Company news

2009-09-25 09:22:11

Reference is made to the press release dated 18 September 2009 regarding the private placement of shares in DOF Installer ASA ("DOF Installer"). On 24 September 2009, the extraordinary general meeting of DOF Installer approved the private placement of shares raising gross proceeds of NOK 40 million. The new shares will be issued and delivered as soon as practically possible. Additionally, the extraordinary general meeting elected Geir Johansen, CFO of the DOF Subsea group, as new board member of DOFI Installer replacing Helge Møgster.


For further information, please contact:
Mons Aase, chairman of DOF Installer
Tel: +47 91 66 10 12

DOFI - DOF Installer ASA - Corr. Minutes from General Meeting

Company news

2009-09-21 10:08:08

DOFI: DOF Installer ASA - Generalforsamlingsprotokoll - korrigert

Company news

2009-09-21 08:57:25

DOF INSTALLER ASA - PRIVATE PLACEMENT OF SHARES COMPLETED

Company news

2009-09-18 11:59:05

Reference is made to press release dated 10 September 2009 regarding the private placement of shares in DOF Installer ASA ("DOF Installer"). On 17 September 2009, DOF Installer completed the private placement of shares raising gross proceeds of NOK 40 million. The private placement is subject to approval at the EGM to be held on 24 September 2009.

As a result of the private placement, a total of 800,000 new shares will be issued at a subscription price of NOK 50 per share. The total number of shares outstanding post the private placement will be 6,431,000 shares. DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, was allotted 567,000 new shares and will own approx. 53% of the share capital of DOF Installer post the private placement.

The purpose of the private placement is to partly finance the construction of DOF Installer's four large anchor handling vessels to be built at STX Europe in Norway (Aukra).

The private placement of shares was managed by Pareto Securities AS.


For further information, please contact:
Mons Aase, board member of DOF Installer
Tel: +47 91 66 10 12

DOF INSTALLER ASA - CONTEMPLATED PRIVATE PLACEMENT OF SHARES

Company news

2009-09-10 13:41:04

DOF Installer ASA ("DOF Installer") intends to raise gross proceeds of NOK 40 million through a private placement of shares by issuing a total of 800,000 new shares at a subscription price of NOK 50 per share. The total number of shares outstanding following completion of the contemplated private placement will be 6,431,000 shares. The private placement will be subject to the required approval by shareholders at the General Meeting in DOF Installer to be held on 24 September 2009.

The application period will open on 10 September 2009 and close on 17 September 2009 at 17:00 hours (CET). However, the application period may close earlier or be extended at DOF Installer's discretion.

DOF Subsea Holding 2 AS, the largest shareholder of DOF Installer, together with certain other existing shareholders have committed to subscribe for, and will be allocated, approximately 68% of the new shares to be issued in the contemplated private placement in order to maintain or partly maintain their existing ownership, and have in addition fully underwritten the remaining portion of the private placement.

The purpose of the private placement is to partly finance the construction of DOF Installer's four large anchor handling vessels to be built by STX Europe in Norway (Aukra).

Please refer to the attached investor presentation for further details in relation to the contemplated transaction. Pareto Securities AS has been retained as manager in relation to the private placement of shares.


For further information, please contact:
Mons Aase, board member of DOF Installer
Tel: +47 91 66 10 12

DOF INSTALLER ASA - NOTICE OF EXTRAORDINARY GENERAL MEETING

Company news

2009-09-10 13:37:23

The Board of Directors of DOF Installer ASA has resolved to call for an Extraordinary General Meeting in DOF Installer ASA. The notice of the Extraordinary General Meeting is enclosed hereto. The Extraordinary General Meeting will be held at Alfabygget, Storebø, Austevoll, on Thursday 24 September 2009 at 10:00 a.m.

Printed version (hardback) of the notice will be sent by post to all shareholders.


For further information, please contact:
Mons Aase, board member of DOF Installer
Tel: +47 91 66 10 12

DOF INSTALLER ASA - INNKALLING TIL ORDINÆR GENERALFORSAMLING

Company news

2009-06-11 11:15:25

Vedlegger innkalling til ordinær generalforsamling.

Kontaktperson: CFO Hilde Drønen, 91 66 10 09

DOF INSTALLER ASA - NOTICE OF ORDINARY GENERAL MEETING

Company news

2009-06-11 11:03:46

Please find notice of ordinary general meeting attached.

Contact; CFO Hilde Drønen, +47 91 66 10 09

DOF INSTALLER - DOF SUBSEA HOLDING AS UTSETTER BESLUTNING OM Å FREMSETTE PLANLAGT TILBUD PÅ DOF INSTALLER ASA

Company news

2009-02-05 08:47:54

Det vises til tilbudsdokument datert 28. oktober 2008 vedrørende DOF ASA's kjøp av aksjer i DOF Subsea ASA ("DOFSUB"). Etter gjennomføring av DOFSUB-tilbudet har DOF overført sin aksjebeholdning i DOFSUB til DOF Subsea Holding AS, et selskap eid 51% av DOF. DOF Subsea Holding AS overførte deretter 100% av DOFSUB til sitt heleide datterselskap DOF Subsea Holding 2 AS.

I forbindelse med DOFSUB-transaksjonen overførte DOF sin 50,5% aksjebeholdning i DOF Installer ASA ("DOFI") til DOF Subsea Holding AS til NOK 125 pr aksje i bytte for nye aksjer i DOF Subsea Holding AS. Ovennevnte aksjer i DOFI ble deretter overført til DOF Subsea Holding 2 AS. DOF Subsea Holding AS har tidligere utrykt sin hensikt om å fremsette et kontant tilbud for kjøp av gjenstående aksjer i DOFI til NOK 125 pr aksje.

Med bakgrunn i det nåværende finansielle marked vil DOF Subsea Holding AS fokusere på å opprettholde en solid kontantbeholdning og finansiell fleksibilitet fremover. Som et resultat av dette avstår DOF Subsea Holding AS fra å fremsette det planlagde tilbudet på DOFI på det nåværende tidspunkt.

Kontaktpersoner:
Mons Aase, CEO, tlf: 91 66 10 12
Hilde Drønen, CFO, tlf: 91 66 10 09

DOF INSTALLER - DOF SUBSEA HOLDING AS POSTPONES ITS DECISION TO PUT FORWARD INTENDED OFFER FOR DOF INSTALLER ASA

Company news

2009-02-05 08:44:15

Reference is made to the offer document dated 28 October 2008 in relation to DOF ASA's ("DOF") acquisition of shares in DOF Subsea ASA ("DOFSUB"). Following the completion of the DOFSUB offer, DOF transferred its shareholding in DOFSUB to DOF Subsea Holding AS, a company owned 51% by DOF. DOF Subsea Holding AS subsequently transferred 100% of DOFSUB to its wholly owned subsidiary DOF Subsea Holding 2 AS.

In conjunction with the DOFSUB offer, DOF also transferred its 50.5% shareholding in DOF Installer ASA ("DOFI") to DOF Subsea Holding AS at NOK 125 per share in exchange for new shares in DOF Subsea Holding AS. Said shares in DOFI were thereafter transferred to DOF Subsea Holding 2 AS. Furthermore, DOF Subsea Holding AS stated its intention to put forward a cash offer to acquire the remaining shares outstanding in DOFI at NOK 125 per share.

Given the current financial markets, DOF Subsea Holding AS has a strong focus on maintaining a solid cash position and financial flexibility going forward. As a result hereof, DOF Subsea Holding AS will not be making the intended offer for DOFI at this time.


Contact details:
Mons Aase, CEO, tel: +47 91 66 10 12
Hilde Drønen, CFO, , tel: +47 91 66 10 09

DOF INSTALLER - INTENSJON OM Å GI TILBUD PÅ AKSJER I DOF SUBSEA TIL KURS 39 PR. AKSJE TILSVARENDE MARKEDSVERDI PÅ NOK 4,7 MRD FOR DOF SUBSEA.

Company news

2008-09-22 08:48:53

Den 19. september 2008 har DOF ASA (DOF) og det ledende energifondet First Reserve Corporation (FRC), inngått avtale som innebærer at DOF skal gi et frivillig tilbud (Tilbudet) på alle aksjene i DOF Subsea ASA (DOFSUB) til kurs kr 39,- pr. aksje. Tilbudet vil bli gitt basert på at diverse forutsetninger beskrevet nedenfor kommer på plass. Tilbudet representerer en premie på 41,8% i forhold til siste notering og en premie på 27,9% i forhold til sluttkurs den 9. juli 2008 på kr 30,50, som var dato da DOF sist annonserte sin intensjon på å kjøpe opp DOFSUB. Som en del av denne avtalen har DOF og FRC også inngått avtale om etterfølgende transaksjoner beskrevet nedenfor og disse transaksjoner er basert på at Tilbudet på DOFSUB blir gjennomført.

Tilbudet er undergitt diverse forutsetninger, herunder blant annet at (i) DOF og FRC blir enige om gjenværende dokumenter og avtaler, (ii) mottatt aksept og waivere fra diverse lånegivere til DOFSUB og (iii) signering av finansierings tilbud i forbindelse med DOF sin kontant utbetaling i forbindelse med oppgjør i Tilbudet. Tilbudet vil være betinget av en minimum akseptgrad som gir DOF mer enn 90% av aksjene i DOFSUB på fullt utvannet basis, at eventuelle påkrevde offentlige godkjennelser er på plass, at finansieringen referert til ovenfor er tilgjengelig og ellers andre vanlig forhold under en slik transaksjon. DOF eier i dag 57,05 % i DOFSUB.

Forutsatt at det Tilbudet er vellykket, vil DOF tvangsutløse de øvrige aksjonærene i henhold til allmennaksjeloven og ta DOFSUB av børs. Etter oppkjøpet vil DOF overføre 100% av aksjene til et nystiftet selskap (Holdco), som vil bli eiet 51% av DOF og av 49% FRC. Som et resultat av den avtalte transaksjonen vil DOF redusere sin eierandel fra 57.05% til 51%.

Forutsatt at Tilbudet er vellykket er DOF og FRC blitt enige om at Holdco skal erverve DOFs eierandel på 50,5% av DOF Installer (DOFI) til NOK 135 pr aksje i bytte for nye aksjer i HoldCo. Som etterfølgende transaksjon vil Holdco gi et frivillig tilbud til de øvrige aksjonærer i DOFI på kr 135 pr. aksje. Dette tilbudet er betinget av en minimum akseptgrad på 90% på fullt utvannet basis og at eventuelle påkrevde offentlige godkjennelser er oppfylt. FRC vil bidra med kontant innbetaling i Holdco tilstrekkelig til å opprettholde sin eierandel på 49% i Holdco. Etter at tilbudet på utestående aksjer i DOFI er gjennomført vil DOF overta bygg nr. 706 fra DOFI for en kontantutlegg på ca. NOK 165 mill basert på meglerverdier

.
Videre, og avhengig av at det frivillige tilbudet til aksjonærene i DOFSUB er vellykket, vil HoldCo erverve fra DOF kontraktsrettighetene til tre ROV forsyningsskip, under bygging i India med forventet levering i 2009 og 2010, for et kontantbeløp på ca. NOK 300 mill i bytte mot aksjer i Holdco. FRC vil bidra med kontant innbetaling i Holdco tilstrekkelig til å opprettholde sin eierandel på 49%. HoldCo vil basert på dette overta de investeringsforpliktelser som ligger i byggekontraktene..

Separat og under forutsetning av at Tilbudet er vellykket vil FRC tegne seg for nye aksjer i en rettet emisjon i Norskan AS, et heleid datterselskap av DOF. Dette vil gi den finansielle partneren en 25% eierandel i Norskan AS etter den rettede emisjonen. Den rettede emisjonen forventes å tilføre Norskan AS ca. NOK 600 mill i ny egenkapital. Norskan AS er holdingselskapet i Norskan Offshore gruppen som vil eie og operere en flåte på totalt ni offshore skip i Brasil.


Mons Aase, CEO i DOF, ga følgende kommentar med hensyn til den inngåtte intensjonsavtalen:

"De foreslåtte transaksjonene vil tilføre DOF og DOF Subsea tilstrekkelig kapital til å fortsette selskapenes strategiske utvikling og gjøre det mulig for oss å konsolidere og styrke vår posisjon i Brasil. Videre vil kapitaltilførsel og FRC sin ekspertise innenfor energisektoren gjøre DOFSUB bedre i stand til å trekke fordeler i den globale veksten og håndtere den sterke etterspørselen i markedet. Vi er av den oppfatning at det planlagte tilbud om erverv av aksjene i DOF Subsea til NOK 39 pr aksje representerer et attraktivt tilbud til aksjonærene i DOF Subsea."

Og Tom Sikorski, administrerende direktør i First Resever Corppration gav følgende kommentarer:

Vi er tilfreds med å inngå et samarbeid med DOF og management teamet og ansatte i DOF Subsea, samt å være en partner i den framtidige vekst. Både DOF Subsea og Norskan representerer unike muligheter for First Reserve til å i møtekomme etterspørselen for fartøy og tjenester og å delta i den framtidige veksten i offshore virksomheten i Brasil, Asia og Vest-Afrika. Sammen har de etablert en global tilstedeværelse med en av verdens mest moderne, avanserte og største flåter i en sektor hvor tilbudet historisk har vært lavere enn etterspørselen. Dette vil gi First Reserve en unik vekstmulighet.


Pareto Securities AS er engasjert som DOFs finansielle rådgiver i forbindelse med de ovennevnte transaksjonene.


For ytterligere informasjon, vennligst kontakt:

CEO Mons Aase, tlf. 91 66 10 12

DOF INSTALLER - DOF INTENDS TO MAKE AN OFFER FOR DOF SUBSEA AT NOK 39 PER SHARE CORRESPONDING TO AN EQUITY VALUE OF DOF SUBSEA OF NOK 4.7bn

Company news

2008-09-22 08:47:23

On 19 September 2008, DOF ASA ("DOF") and First Reserve Corporation ("FRC"), the leading energy-focused private equity firm, entered into an agreement whereby DOF, subject to the conditions described below being satisfied, shall put forward an offer to acquire all of the outstanding shares of DOF Subsea ASA ("DOFSUB") at NOK 39.00 per share in cash (the "Offer"). The Offer will represent a 41.8% premium to the last closing share price and a 27.9% premium to the closing share price on 9 July 2008 of NOK 30.50 which was the last trading day prior to DOF announcing its intention to acquire DOFSUB. As part of the agreement, DOF and FRC have also agreed to enter into several subsequent transactions as described herein if the Offer is successful and certain conditions are satisfied.

The launch of the Offer is subject to satisfaction of certain conditions, including but not limited to (i) agreement between DOF and FRC on certain remaining documents and agreements, (ii) receipt of required consents and waivers from certain lenders to DOFSUB and (iii) signing of a term sheet in relation to the financing of DOF's cash payments under the Offer. The Offer will be conditional upon, among other things, a minimum acceptance level giving DOF more than 90% of DOFSUB's shares on a fully diluted basis, that all required governmental approvals are obtained, that the financing under the term sheets referred to above is available and other customary conditions. DOF is currently the majority owner of DOFSUB holding 57.05% of the share capital.

If the Offer is successful, DOF will proceed with a compulsory acquisition according to the Norwegian Public Limited Companies Act of the remaining outstanding shares in DOFSUB and delist DOFSUB. Following the acquisition of the remaining shares in DOFSUB (including the compulsory acquisition), DOF will transfer 100% of the shares in DOFSUB to a newly incorporated private holding company ("HoldCo"), which will then be owned 51% by DOF and 49% by FRC. As a result of the Offer, DOF will in effect reduce its ownership in DOFSUB from 57.05% to 51%.

If the Offer is successful DOF and FRC have agreed that HoldCo will acquire the 50.5% of the shares in DOF Installer ASA ("DOFI") that are currently controlled by DOF, at a price of NOK 135 per share in exchange for new shares in HoldCo. Following the acquisition of DOF's shares in DOFI HoldCo intend to put forward a cash offer to acquire the remaining shares outstanding in DOFI at NOK 135 per share. Such offer will be conditional upon, amongst other things, a minimum acceptance level giving HoldCo more than 90% of DOFI's shares on a fully diluted basis, that all required governmental approvals are obtained and other customary conditions. FRC will contribute cash as equity in Holdco in an aggregate amount required to maintain its 49% ownership in HoldCo following such transaction. Following the offer for the remaining shares in DOFI, it has been agreed that DOF will purchase hull no. 706 from DOFI for a cash consideration of approximately NOK 165 million based on broker values.

Furthermore, and subject to the successful completion of the Offer and certain other conditions agreed between DOF and FRC, HoldCo will acquire from DOF the rights under the shipbuilding contracts for the three ROV support vessels currently being built for DOF at the Tebma yard in India with expected delivery in 2009 and 2010 for approximately NOK 300 million in exchange for shares in HoldCo. FRC will contribute cash as equity in Holdco in an aggregate amount required to maintain its 49% ownership following such transaction. As part of this transaction, HoldCo will assume the remaining capital expenditure commitment in relation to the acquired ship building contracts.

Separately, and subject to the successful completion of the Offer, FRC will subscribe for new shares in Norskan AS, a 100% owned subsidiary of DOF, in a directed equity offering which will give FRC a 25% ownership in Norskan AS post such equity offering. The directed equity offering is expected to raise new equity capital of approximately NOK 600 million in Norskan AS. Norskan AS is the holding company of the Norskan Offshore group which will own and operate a total fleet of nine offshore vessels in Brazil.

Mons Aase, CEO of DOF, made the following comment in relation to the announcement:
"The transactions will provide DOF and DOF Subsea with the capital to pursue their growth strategies and enable them to consolidate and strengthen their position in Brazil. Furthermore, the capital infusion alongside of FRC's investment expertise in energy services companies will enable DOF Subsea the opportunity to take advantage of global growth and demand trends. We believe that the offer price of NOK 39 per share, a premium of approximately 42% compared to last closing share price, represents an attractive offer to the DOF Subsea shareholders."

Added Tom Sikorski, Managing Director of First Reserve Corporation:
"We are pleased to partner with DOF and the management team and employees of DOF Subsea to assist them in their growth plan. Both DOF Subsea and Norskan present unique opportunities for First Reserve to address market demands for additional vessels and services, and to participate in the continued growth of offshore activity expected in Brazil, Asia and West Africa. Together, they have an established global footprint and one of the most modern, highest quality and largest fleets in the world which, in a sector with historic undersupply, offers First Reserve unrivalled opportunity for growth."

Pareto Securities AS is acting as financial advisor to DOF in relation to the above transactions.

Contact details:
Mons Aase, CEO of DOF
Tel: +47 91 66 10 12

DOF INSTALLER - UPDATE REGARDING THE INTENTION TO ACQUIRE DOF SUBSEA ASA

Company news

2008-08-25 11:33:43

Reference is made to the announcement dated 10 July 2008 in which DOF ASA ("DOF") announced its intention to put forward an offer to acquire all the outstanding shares of DOF Subsea ASA together with a financial partner and to enter into certain subsequent transactions. The intention to proceed with the offer is conditional upon, among other things, the satisfactory completion of a due diligence and the execution of final agreements between DOF and the financial partner.
The financial partner, which is First Reserve Corporation ("FRC"), has now substantially completed the due diligence, and DOF and FRC are currently in the process of discussing the final agreements. Based on the discussions of the terms and conditions, and as a result of the prevailing uncertainties and challenging conditions in the financial markets, it has become clear to DOF that a potential transaction, if any, is unlikely to materialise at the terms and conditions set out in the announcement dated 10 July 2008.
DOF expects to conclude the discussions and decide whether to proceed with the transaction or not shortly, and will then inform the market about the outcome. Pareto Securities AS is acting as financial advisor to DOF in relation to the potential transaction.

Contact person:
Mons Aase, CEO (tel: +47 91 66 10 12)

DOF INSTALLER - OPPDATERING VEDRØRENDE INTENSJON OM ERVERV AV DOF SUBSEA ASA

Company news

2008-08-25 11:32:20

Vi viser til pressemelding datert 10 juli 2008. DOF ASA ("DOF") informerte der om intensjonsavtale inngått med en finansiell partner om å fremsette tilbud om erverv av alle utestående aksjer i DOF Subsea ASA, og deretter å iverksette visse etterfølgende transaksjoner. Intensjonen om å iverksette tilbudet er bl.a. avhengig av en tilfredsstillende gjennomføring av due diligence og sluttføring av endelige avtaler mellom DOF og den finansielle partneren, som er First Reserve Corporation ("FRC").

FRC har nå i hovedsak avsluttet due diligence, og partene er i en prosess der de siste avtaler blir diskutert.

Basert på diskusjonene om vilkår og betingelser, og som et resultat av rådende usikkerhet i det finansielle markedet, fremstår det for DOF som tvilsomt at en slik transaksjon kan gjennomføres til de betingelser som ble presentert i pressemeldingen av 10. juli 2008.

DOF forventer en snarlig konklusjon på diskusjonen og vil fatte en endelig beslutning om hvorvidt transaksjonene skal fortsette. Markedet vil deretter bli informert om resultatet. Pareto Securities AS er engasjert som DOF's finansielle rådgiver i forbindelse med de ovennevnte transaksjoner.

Kontaktperson:
Mons Aase, 91 66 10 12

DOF INSTALLER ASA - ANNUAL ACCOUNTS 07

Company news

2008-08-19 16:55:50

DOF INSTALLER ASA - ÅRSRAPPORT 2007

Company news

2008-08-18 14:46:20

Vedlegger årsrapport for 2007.

DOF INSTALLER - GENERAL SHAREHOLDERS' MEETING

Company news

2008-06-24 16:27:56

Please find attached Notice of General Shareholders' Meeting and Minutes of Meeting.

DOF INSTALLER - ORDINÆR GEN. FORSAMLING

Company news

2008-06-24 16:13:06

Vedlegger innkalling og protokoll fra ordinær generalforsamling i DOF Installer ASA. Innkallingen er også sendt direkte til aksjonærene.

DOF INSTALLER - kjøp av aksjer

Company news

2008-01-21 14:15:45

DOF ASA har kjøpt 67.000 aksjer i DOF Installer ASA til kurs NOK 117. DOF ASA sin nye beholdning etter dette er 1 605 500 aksjer.

Kontaktperson: CEO DOF ASA Mons Aase Tel +47 91 66 10 12

DOF INSTALLER - PURCHASE OF SHARES

Company news

2008-01-21 14:14:42

DOF ASA has purchased 67.000 shares in DOF Installer ASA at NOK 117 per share. After this trade DOF ASA holds 1 605 500 shares.

Contact: CEO DOF ASA Mons Aase, Tel. +47 91 66 10 12

Endring av aksje: DOF Installer ASA (DOFI)

Corporate actions

2008-01-10 15:37:01

Det er foretatt endringer i DOF Installer ASA (ISIN:NO0010359565, ticker DOFI). Aksjebeholdningen er øket fra 4 400 000 til 5 631 000. Emisjonsverdien er øket fra 550 000 000 til 732 030 000.

DOF INSTALLER KONTRAHERER ET KONSTRUKSJONS- OG ANKERHÅNDTERINGSFARTØY

Company news

2007-11-05 08:36:54

DOF Installer ASA har inngått kontrakt med Aker Yards for bygging og levering av et avansert konstruksjons- og ankerhåndteringsfartøy. Estimert prosjektkostnad for dette fjerde skipet bestilt av DOF Installer er ca NOK 765 million. Dette er den siste opsjonen i kontrakten som ble meldt første kvartal 2007 vedrørende bygging av 2 + 2 skip.

Skipet skal bygges ved Aker Yards med levering første halvdel av 2011. Skipet er av Aker AH 04 CD design, og er utviklet av Aker Yards Project. Skipet vil ha 300 tonn bollard pull, en 500 tonns vinsj og innredning for 90 personer.


Kontaktperson:
CEO Mons Aase, Tlf. +47 91 66 10 12

DOF INSTALLER TO ORDER ONE HIGH-END CONSTRUCTION AND ANCHOR HANDLING VESSEL

Company news

2007-11-05 08:36:10

DOF Installer ASA has entered into a contract with Aker Yards for the construction and delivery of an additional high-end subsea installation and construction anchor handling vessel. Total estimated project cost for this fourth vessel ordered by DOF Installer is approximately NOK 765 million. The vessel is a declaration of the last option in the contract announced first quarter of 2007 for building of 2 + 2 AHTS vessels.

The vessel will be built at Aker Yards with delivery scheduled for first half 2011 and is of Aker AH 04 CD design, developed by Aker Yards Project. The vessel will have a bollard pull in excess of 300 tons, and will be outfitted with a triple drum winch of 500 tons. Accommodation is planned for 90 people.

Contact person: CEO Mons Aase (tel. +47 91 66 10 12)

DOF INSTALLER PRIVATE PLACEMENT COMPLETED

Company news

2007-07-06 08:48:35

Reference is made to press release dated 5 July 2007 regarding the private placement of new shares in DOF Installer ASA (DOF Installer). On 6 July 2007, DOF Installer completed a private placement of new shares raising gross proceeds of NOK 160 million by issuing a total of 1,231,000 new shares at a subscription price of NOK 130 per share.

The purpose of the private placement is to fund the equity portion of the construction and delivery of an additional new high-end subsea installation and construction anchor handling vessel. This is one of the two options that DOF Installer was granted in February 2007. The second option has been extended to October 2007.

Total number of shares outstanding post the private placement will be 5,631,000 shares implying a post-issue market capitalisation of DOF Installer of NOK 732 million. DOF ASA participated in the private placement with NOK 70 million and will own approx. 44% of the post-issue share capital of DOF Installer.

The private placement was managed by ABG Sundal Collier Norge ASA and SEB Enskilda ASA.


Contact person: CEO Mons Aase (tel. +47 91 66 10 12)

DOF INSTALLER RETTET EMISJON FULLFØRT

Company news

2007-07-06 08:48:00

Vi viser til børsmelding den 5. juli. vedrørende rettet emisjon i DOF Installer. Den 6. juli fullførte DOF Installer emisjonen på en totalsum på NOK 160 mill. ved utstedelse av 1 231 000 ny aksjer til en avtalt pris NOK 130,- pr. aksje.

Formålet med emisjonen er å styrke egenkapitalandelen i forbindelse med bygging av ytterligere ett konstruksjons- og ankerhåndteringsfartøy. Dette er en av to opsjoner som DOF Installer fikk i februar 2007. Den neste opsjonen er blitt utsatt til oktober 2007.

Totalt antall aksjer etter emisjonen vil være 5 631 000 aksjer, som innebærer en markedsverdi på DOF Installer på NOK 732 mill etter emisjonen. DOF ASA har deltatt i emisjonen med NOK 70 mill og vil eie ca. 44% etter utstedelse av nye aksjer.

Emisjonen var tilrettelagt av ABG Sundal Collier Norge ASA og SEB Enskilda ASA.


Kontaktperson: Adm. dir. Mons Aase tlf. 91 66 10 12

DOF INSTALLER TO ORDER ONE HIGH-END CONSTRUCTION AND ANCHOR HANDLING VESSEL AND CARRY OUT A PRIVATE PLACEMENT

Company news

2007-07-05 10:38:57

DOF Installer ASA (`DOF Installer`) has decided to enter into a contract with Aker Yards for the construction and delivery of an additional new high-end subsea installation and construction anchor handling vessels. This is one of the two options that DOF Installer was granted in February 2007. The second option has been extended to October 2007.

The vessel will be built at Aker Yards (Aukra, Norway) with delivery scheduled for October 2010 and is of Aker AH 04 CD design, developed by Aker Yards Project. The vessel will be equipped with 500 metric tonnes main winch, and a large offshore crane. Total estimated project cost for the contract, including owner furnished equipment and construction supervision, amount to approx. NOK 815 million.

The investment will partly be financed through a contemplated private placement of new shares in DOF Installer, raising gross proceeds of NOK 160 million, and partly through expected long-term bank debt. The subscription price in the private placement is set to NOK 130 per share. DOF ASA will participate in the private placement with NOK 70 million and will own approx. 44% of DOF Installer post issuance of the new shares. Based on the private placement price, the post-issue market cap of DOF Installer is NOK 730 million. The subscription period for the contemplated private placement will commence immediately and last until 08:30 on 6 July 2007 the latest. However, DOF Installer reserves the right to end the subscription period at an earlier stage at its sole discretion.

ABG Sundal Collier Norge ASA and SEB Enskilda ASA have been retained as financial advisors in relation to the private Placement.


Contact person: CEO Mons Aase (tel. +47 91 66 10 12)

DOF INSTALLER KONTRAHERER ET KONSTRUKSJONS- OG ANKERHÅNDTERINGSFARØTY VED AKER OG PLANLEGGER EN RETTET EMISJON

Company news

2007-07-05 10:38:11

DOF Installer ASA har besluttet å inngå kontrakt med Aker Yards for bygging og levering av et avansert konstruksjons- og ankerhåndteringsfartøy. Dette er en av to opsjoner som DOF Installer fikk i februar 2007. Den neste opsjonen er utsatt til oktober 2007.

Skipet skal bygges ved Aker Yards (Aukra, Norge) og har levering i oktober 2010. Skipet har Aker AH 04 CD design, og er utviklet av Aker Yards Prosjekt. Skipet vil bli utstyrt med 500 tonns vinsjer og en stor offshore kran. Estimert kostpris for skipet inkludert ekstra utstyr og byggetilsyn er ca. NOK 815 mill.

Investeringen vil delvis bli finansiert via en rettet emisjon ved utstedelse av nye aksjer i DOF Installer tilsvarende NOK 160 mill. og delvis via langsiktig banklån. Tegningskurs i den rettede emisjon er satt til NOK 130 pr. aksjer. DOF ASA vil delta i den rettede emisjon med NOK 70 mill og vil eie ca. 44% i DOF Installer etter utstedelse av nye aksjer. Basert på nevnte tegningskurs er markedsverdi på DOF Installer NOK 730 mill før emisjonen. Tegningsperioden for den rettede emisjonen vil starte umiddelbart og var fram til 08:30 den 6. juli 2007. DOF Installer tar imidlertid forbehold om retten til å avslutte tegning før angitt tegningsfrist.

ABG Sundal Collier Norge ASA og SEB Enskilda ASA er blitt valgt som tilretteleggere for emisjonen.


Kontaktperson: Adm. Dir. Mons Aase tlf. 91 66 10 12

DOFI – DOF Installer ASA er registrert på OTC – listen

Market news

2007-03-09 16:35:04

DOF Installer ASA er registrert på OTC - listen f.o.m. 12. mars 2007. Ticker: DOFI. ISIN: NO 001 0359565. Antall aksjer utstedt av selskapet er 4 400 000. Emisjonsverdien på selskapet er NOK 550 millioner basert på siste emisjonskurs i mars 2007 på kurs NOK 125,-. Pålydende per aksje er NOK 1,00. Selskapet har inngått avtale om bruk av meldingssystemet og vil kunne benytte dette fra og med 12. mars 2007.

DOF Installer ASA (`DOF Installer`), has entered into a contract with Aker Yards for the construction and delivery of two high-end subsea installation and construction anchor handling vessels with options for a further two sister vessels.

The two vessels will be built at Aker Yards (Aukra, Norway) with delivery scheduled for December 2009 and May 2010 and are of Aker AH 04 CD design, developed by Aker Yards Project. The vessels will be equipped with 500 metric tonnes main winch, 170 tonnes secondary winch, 250 metric tonnes offshore crane (owner furnished equipment) and will have DP Class 2. The vessels will have a maximum speed of 17.5 knots, considered important for global operations in order to minimize mobilisation time.