DNO International ASA: Extension of Tender Offer Period

Reference is made to the notification made by DNO International on 31 October 2011 regarding purchase of DNO shares. The company has received feedback requesting that the highest price which will be accepted in the Offer is made public.

The maximum price which will be accepted in the Offer is set at NOK 7.50, which represents a premium to today's closing price of 14.2%.

The book i building period is extended to 21.00 CET.
For shareholders wishing to participate in the Offer, please contact Arctic Securities ASA on the following contact details:

Arne Wenger
Arctic Securities ASA
Phone: +47 21 01 31 16
Mobile: +47 48 40 31 16
E-mail: arne.wenger@arcticsec.no

For further information about the Offer, please contact:

Financial Market:
Chief Financial Officer Haakon Sandborg
Phone: +47 23 23 84 80
Media:
Communication Director Tom Bratlie
Phone: +47 905 21 904

 

This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act)