Skip to main content
Reach Subsea logo

Reach Subsea — Investor Relations & Filings

Ticker · REACH ISIN · NO0003117202 LEI · 5967007LIEEXZXK7FS45 OL Mining and quarrying
Open in API
Filings indexed 980 across all filing types
Latest filing 2021-02-15 Report Publication Anno…
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
Operational figures
Report Publication Announcement Classification · 98% confidence The document text is very short (385 characters) and explicitly states that the company, Reach Subsea ASA, 'releases monthly operating figures' and that the figures for January 2021 are 'attached'. This structure—a brief announcement stating that a report/data is attached or published—strongly indicates a Report Publication Announcement (RPA), as per the 'MENU VS MEAL' rule. It is not the full report itself, but the notice of its release.
2021-02-15 English
Future proofing subsea services through remote and autonomous operations
Investor Presentation Classification · 98% confidence The document text consists of slides or presentation material detailing a new service concept called 'Reach Remote,' focusing on operational changes, cost savings, environmental impact, core competencies, and market timing. It uses bullet points, tables, and section headers typical of an investor presentation or strategic overview, rather than a formal regulatory filing (like 10-K, ER, or IR). This content strongly aligns with the definition of an Investor Presentation (IP). The length (10,125 chars) is substantial, ruling out a simple RPA or RNS announcement.
2021-01-18 English
Future proofing subsea services through remote and autonomous operations
Environmental & Social Information Classification · 99% confidence The document discusses a strategic project ('Reach Remote') involving technological development (USVs, ROVs), operational changes (remote control, reduced personnel), environmental benefits (CO2 reduction), and financing considerations ('Financing of the construction part... may involve new equity, new debt, industrial partnerships'). It is a detailed announcement about a significant business and capital structure initiative, rather than a standard periodic financial report (like 10-K or IR) or a simple announcement of a report (RPA/RNS). Since it details financing activities and capital structure changes related to a major project, the most appropriate classification is Capital/Financing Update (CAP).
2021-01-18 English
Operational figures
Regulatory Filings Classification · 99% confidence The document contains tabular data presenting operational figures (like 'Number of ROV days sold', 'LTIs', 'Number of Vessel days sold') broken down by month (Oktober, November, Desember) and quarter (Q1, Q2, Q3, Q4) for the years 2019 and 2020. It explicitly states that 'Reach Subsea ASA releases monthly operating figures on or before the 15th day following a month end.' This structure strongly indicates a regular, periodic release of operational statistics, which aligns best with an Interim/Quarterly Report (IR) if it covers a period shorter than a year, or a specific operational update. Since the data is presented monthly and quarterly, and it is not a full financial report (10-K) or just an earnings highlight (ER), it fits the description of an Interim Report (IR) which often includes operational metrics. However, given the focus solely on operational metrics released monthly, and the lack of comprehensive financial statements typical of a full IR, it is most likely a specialized operational update. Since there is no specific code for 'Monthly Operational Update', we must choose the closest fit. An Interim Report (IR) covers periods shorter than a year. If this data is released monthly, it is more granular than a standard quarterly report. Given the options, and the nature of periodic operational reporting, IR is plausible, but the document is very short and seems to be a data release. Let's re-evaluate the definitions. It is not an ER (Earnings Release - key highlights only), nor a 10-K (Annual Report). It is a detailed operational data release. If this is a standalone release of operational data, it might fall under RNS (Regulatory Filings) as a miscellaneous announcement, or if it's part of a larger quarterly review, IR. Since the text mentions monthly releases, and the data spans multiple months, it functions as a detailed operational update. Given the options, and the fact that it is a structured data release, it is closest to an Interim Report (IR) if it represents a period review, or RNS if it's just a standard monthly operational disclosure not fitting other categories. Because it is a structured data release focused on operations, and not a formal financial statement, RNS is the safest fallback for a specific operational disclosure that isn't a full financial report. However, if we interpret 'Interim Report' broadly to include detailed operational reviews for periods shorter than a year, IR is possible. Given the context of financial reporting databases, these operational releases are often categorized separately or as RNS. Since the document is short (2131 chars) and presents raw data, it is not a comprehensive MDA or IR. It is a specific data release. I will classify it as RNS as a general regulatory/operational disclosure that doesn't fit the comprehensive financial reports (10-K, IR) or specific announcements (ER, DIV).
2021-01-15 English
Operational figures
Report Publication Announcement Classification · 98% confidence The document text is extremely short (386 characters) and explicitly states that the company, Reach Subsea ASA, 'releases monthly operating figures' and that the figures for December 2020 are 'attached'. This structure—a brief announcement stating that a report/data is attached or published—fits the definition of a Report Publication Announcement (RPA) rather than the detailed report itself. Since 'Operational figures' are being released, and RPA covers the announcement of report publication, RPA is the most appropriate code, adhering to the 'MENU VS MEAL' rule.
2021-01-15 English
1. Exercise of options
Share Issue/Capital Change Classification · 98% confidence The document explicitly details the exercise of employee share options, the subsequent resolution by the Board of Directors to increase the share capital by issuing new shares, and the resulting change in shareholding for a primary insider (Chief Commercial Officer). This action directly relates to changes in the company's capital structure via the issuance of new shares following an option exercise. This aligns best with the 'Share Issue/Capital Change' definition (SHA), which covers new share issues and capital structure changes, rather than Director's Dealing (DIRS) which focuses on personal trades, or Capital/Financing Update (CAP) which is broader fundraising. Since new shares are issued, SHA is the most precise fit.
2021-01-08 English

Browse filings by year

15 years

Report missing filing

Can't find a specific document? Let us know and we'll add it within 24 hours.

We will notify you once the filing is added.
Report sent
Thank you. We will check the data and update it shortly.