Asker, 20 June 2024: Reference is made to the stock exchange release from Argeo
AS ("Argeo" or the "Company") (Euronext Growth: ARGEO) published on 6 June 2024
regarding completion of the annual general meeting, in which the general meeting
resolved a reverse share split of the Company's shares in the ratio of 5:1 (the
"Reverse Share Split").
The reverse share split has today been registered with the Norwegian Register of
Business Enterprises. Following such registration, the share capital of the
Company is NOK 22,208,174.50 divided into 44,416,349 shares, each with a nominal
value of NOK 0.50.
For more information, please contact:
Trond Figenschou Crantz, CEO
Email: trond.crantz@argeo.no
Phone: +47 976 37 273
About Argeo
Argeo is an Offshore Service company with a mission to transform the ocean
surveying and inspection industry by utilising autonomous surface and underwater
robotics solutions. Equipped with unique sensors and advanced digital imaging
technology, the Autonomous Underwater Vehicles (AUV's) will significantly
increase efficiency and imaging quality in addition to contributing to
significant reduction in CO2 emissions from operations for the global industry
in which the Company operates. The Company's highly accurate digital models and
digital twin solutions are based on geophysical, hydrographic, and geological
methods from shallow waters to the deepest oceans for the market segments Oil &
Gas, Renewables, Marine Minerals and Offshore Installations. Argeo was
established in 2017 and has offices in Asker (Oslo), Tromsø, Stockholm, Houston,
and Singapore. Since its incorporation, Argeo has carried out complex projects
for some of Norway's largest companies in the field.
The company is listed on Euronext Growth Oslo under the ticker: ARGEO.
Please visit www.argeo.no for more information.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Argeo AS
Provider
Oslo Børs Newspoint
Company Name
ARGEO AS
ISIN
NO0013257410
Symbol
ARGEO
Market
Euronext Growth
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Argeo AS published this content on
20 June 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
20 June 2024 07:41:07 UTC.
Argeo AS is a Norway-based provider of geophysical surveying and mapping services. Its aims to transform the ocean space survey and inspection industry thought robotics, sensor and imaging technology. The Company specialty is constructing and designing advanced and accurate digital models and digital twin solutions based on geophysical, hydrographic, and geological methods, as well as sensors and robotic / autonomous technology for purposes such as Infrastructure, Offshore Wind, Oil & Gas, and Deep Sea Minerals. The Company was established in 2017 and has offices in Asker, Tromso, Houston and Singapore.
ARGEO 
