Deep Value Driller AS Announces Warrant Exercise and Share Capital Increase

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Deep Value Driller AS Announces Warrant Exercise and Share Capital Increase

Deep Value Driller AS ( (DE:9YG) ) has shared an update.

Deep Value Driller AS announced that Harald Moræus-Hanssen, through Uthalden AS, has exercised 1,983,333 warrants, resulting in an increase in the company’s share capital by NOK 198,333.30. This exercise reflects a strategic move to adjust the original exercise price based on dividends paid, impacting the company’s financial structure and potentially influencing its market positioning.

More about Deep Value Driller AS

Deep Value Driller AS is a company that owns a high specification ultra-deepwater 7th generation drillship named ‘Deep Value Driller’, built in 2014. The company focuses on creating and maximizing value for its customers and investors while ensuring safe and sustainable operations.

YTD Price Performance: 2.02%

Average Trading Volume: 1,327

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €109.6M

See more insights into 9YG stock on TipRanks’ Stock Analysis page.

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