SeaBird Exploration Plc: EGM 2 announcement

SeaBird Exploration Plc: EGM 2 announcement

ID: 376496

(Thomson Reuters ONE) -


5 March 2015, Limassol, Cyprus
Reference is made to press release dated 11 February 2015, regarding the calling
of an Extraordinary General Meeting ("EGM2") for the reduction of capital and
simultaneous increase of authorized share capital back to the former amount, and
exclusion of pre-emption rights in relation to new shares.
EGM2 is now completed. All proposals on the agenda were adopted with requisite
majority.
SeaBird is a global provider of marine acquisition for 2D/3D and 4D
seismic data, and associated products and services to the oil and gas industry.
SeaBird specializes in high quality operations within the high end of the source
vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market.
Main focus for the Company is proprietary seismic surveys (contract seismic).
Main success criteria for the Company are an unrelenting focus on Health,
Safety, Security, Environment and Quality (HSSEQ), combined with efficient
collection of high quality seismic data. All statements in this press release
other than statements of historical fact are forward-looking statements and are
subject to a number of risks, uncertainties and assumptions that are difficult
to predict, and are based upon assumptions as to future events that may not
prove accurate. These factors include SeaBird`s reliance on a cyclical industry
and the utilization of the Company's vessels. Actual results may differ
substantially from those expected or projected in the forward-looking
statements.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

For further queries contact:

Dag Reynolds
CEO SeaBird Exploration
Phone: +47 90883737

Nils Haugestad
CFO SeaBird Exploration
Phone: +971 4 427 1700







This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: SeaBird Exploration Plc via GlobeNewswire
[HUG#1899731]




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Bereitgestellt von Benutzer: hugin
Datum: 05.03.2015 - 12:27 Uhr
Sprache: Deutsch
News-ID 376496
Anzahl Zeichen: 2594

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