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Argeo AS

Share Issue/Capital Change Jun 19, 2024

3540_rns_2024-06-19_2d4a26ce-878c-4542-834a-05b74a0b945d.html

Share Issue/Capital Change

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Argeo AS: Ex. reverse share split today

Argeo AS: Ex. reverse share split today

Asker, 19 June 2024

Issuer name: Argeo AS

Ex. date: 19 June 2024

Type of corporate action: Reverse share split

Other information:

Reverse split ratio – five (5) old shares give one (1) new share.

New par value of NOK 0.50 per share

New ISIN is NO0013257410.

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: [email protected]

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.

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