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.