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Reach Subsea — Investor Relations & Filings

Ticker · REACH ISIN · NO0003117202 LEI · 5967007LIEEXZXK7FS45 OL Mining and quarrying
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Filings indexed 980 across all filing types
Latest filing 2022-02-08 Earnings Release
Country NO Norway
Listing OL REACH

About Reach Subsea

https://reachsubsea.no/

Reach Subsea is an offshore contractor that provides subsea services, ocean data, and engineering solutions. The company specializes in survey, monitoring, and inspection, repair, and maintenance (IRMR) services for clients primarily in the energy and offshore sectors. It operates a fleet of remotely operated vehicles (ROVs) and is a pioneer in uncrewed surface vessels (USVs) through its Reach Remote program, which enables remote subsea operations. Key services include support for the full life cycle of offshore cables, pipeline inspections, site surveys, and advanced reservoir monitoring using proprietary technologies. Reach Subsea focuses on delivering integrated, turn-key solutions for complex underwater projects, leveraging advanced technology to enhance data acquisition and operational efficiency.

Recent filings

Filing Released Lang Actions
Full year and fourth quarter 2021 financial results
Earnings Release Classification · 100% confidence The document explicitly states it is an announcement of the 'Full year and fourth quarter 2021 financial results' published on February 8, 2021. It provides key highlights (revenue, EBIT, dividend proposal) and mentions that the detailed report and presentation are attached ('For further details, please see the attached fourth quarter 2021 report and presentation.'). Since this is a summary announcement referencing attached detailed reports, and it covers a specific financial period (quarterly/yearly results), it aligns best with the Earnings Release (ER) category, which covers initial announcements of periodical financial results (key highlights only). It is not the comprehensive Interim Report (IR) or Annual Report (10-K) itself, nor is it a generic announcement of a report publication (RPA), as it contains substantial result data. The dividend proposal also supports an earnings-related announcement. Q4 2021
2022-02-08 English
Reach Subsea: OCTIO awarded multi-year geophysical monitoring contract
Regulatory Filings Classification · 100% confidence The document is a short press release dated February 4th, 2022, announcing that OCTIO (a subsidiary of Reach Subsea ASA) has been awarded a multi-year geophysical monitoring contract by A/S Norske Shell for the Ormen Lange field. This type of announcement, detailing a new contract award, business development, or operational update that is not a formal financial filing (like 10-K, IR, or ER), typically falls under general regulatory announcements or news releases. Since there is no specific category for 'Contract Award' or 'Business Update', and the document is short and serves as an immediate public disclosure, the most appropriate fallback category is 'Regulatory Filings' (RNS), which covers general regulatory announcements that don't fit elsewhere. It is not an Earnings Release (ER), Interim Report (IR), or a formal financial statement.
2022-02-04 English
Invitation to presentation of fourth quarter results 2021
Report Publication Announcement Classification · 98% confidence The document is titled "Invitation to presentation of fourth quarter results 2021" and explicitly states that Reach Subsea ASA will publish its financial results for the fourth quarter 2021 on a specific date (February 8, 2022) and will host a webcast presentation of those results. It provides the time, link for the webcast, and mentions where the report and presentation will be made available. Since the document is short (1738 chars) and its primary function is to announce the upcoming release and presentation of financial results, it fits the definition of a Report Publication Announcement (RPA) rather than the full Earnings Release (ER) or Interim Report (IR) itself. This aligns with Rule #2 (The 'MENU VS MEAL' Rule).
2022-02-03 English
Registration of the new shares
Share Issue/Capital Change Classification · 98% confidence The document explicitly discusses the 'Registration of the new shares' following a resolution by the Board of Directors to increase the Company’s share capital related to an employee incentive program. It details the number of new shares issued (360,000) and the resulting total share capital (NOK 144,940,708 divided into 144,940,708 shares). This directly relates to changes in the company's capital structure via new share issuance, matching the definition for 'Share Issue/Capital Change' (SHA). The document length is short (1090 chars), but it is a direct announcement of the capital change registration, not merely an announcement that a report is attached, making SHA more appropriate than RPA or RNS.
2022-01-17 English
Operational figures
Earnings Release Classification · 99% confidence The document presents detailed operational statistics (ROV days sold, vessel days sold, uptime, LTIs) broken down by month (Q1, Q2, Q3, Q4) and year (2021 vs 2020). This structure strongly suggests periodic operational reporting, not a comprehensive financial report (10-K or IR). The text explicitly states, 'Reach Subsea ASA releases monthly operating figures on or before the 15th day following a month end.' This indicates a regular, non-financial, operational update. Since there is no specific category for 'Monthly Operational Figures,' and it is a structured data release, it most closely aligns with a specialized data supplement or a general regulatory filing. Given the highly specific nature of the data provided, and the lack of an 'Operational Report' code, the closest fit among the provided options that handles specific data releases without being a full financial report is 'Financial Supplement Data' (XLSX) if we assume the data is presented in a tabular/spreadsheet format, or 'Regulatory Filings' (RNS) as a catch-all for regular operational disclosures. However, since the data is presented in a table format within the text, and it is a structured data release, 'XLSX' (Financial Supplement Data) is a plausible classification for structured data supplements, even if the input format here is text. Given the context of structured operational data release, and the short length (1776 chars) which suggests it might be an announcement *of* the data, I will lean towards RNS as the safest general regulatory/disclosure category, or RPA if it's announcing the availability of the full data set. Since it *contains* the data, and it's not a formal financial report, I will classify it as a Regulatory Filing (RNS) as it is a required periodic disclosure that doesn't fit other specific financial/governance codes. If this were a full annual/quarterly report, it would be 10-K or IR. It is a periodic operational update. Q4 2021
2022-01-14 English
Operational figures
Report Publication Announcement Classification · 98% confidence The document text is very short (373 characters) and explicitly states: 'Reach Subsea ASA (“Reach”) releases monthly operating figures on or before the 15th day following a month end. Please find attached the company's monthly operating figures for December 2021.' This structure—a brief announcement stating that the actual figures are attached or available elsewhere—fits the definition of a Report Publication Announcement (RPA). It is not the full report itself, but an announcement about its release. It is not a general regulatory filing (RNS) because RPA is more specific for announcing the publication of reports.
2022-01-14 English

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