Mandatory notification of Trade
2013-12-20, 08:45
Reference is made to the announcement from SeaBird
Exploration PLC ("SeaBird") dated 20 December 2013
regarding the completion of a Private Placement of
12,000,000 new shares (the "Private Placement").
Ordinat Shipping AS was allocated 4,540,003 shares in
the Private Placement and now holds 11,485,123 shares
in SeaBird corresponding to 19.9% of the issued share
capital in SeaBird after the Private Placement. John
Olav Økland is one of the owners of Ordinat Shipping
AS and a primary insider and Board Member of SeaBird.
Kjell Hjalmar Mathiassen, a Board Member of SeaBird,
was allocated 333,333 shares in the Private Placement
and now, together with closely related parties, holds
1,818,833 shares in SeaBird corresponding to 3.2% of
the issued share capital in SeaBird after the Private
Placement.
Henrik A. Christensen, the Chairman of the Board has
through his wholly owned company, August AS, been
allocated 333,333 shares in the Private Placement and
now holds 533,333 shares in SeaBird corresponding to
0.9% of the issued share capital in SeaBird after the
Private Placement.