DNO International ASA completes Open Market Par...

DNO International ASA (Oslo Stock Exchange ticker DNO) on 31 October 2011 completed its open market partial tender offer for up to 54,500,000 DNO common shares. Through the book building exercise DNO bought back 42,566,173 shares at a price of NOK 7.50 per share and a total cost of NOK 319,246,298. All shareholders with offer price at NOK 7.50 or below will be given full allocation. The Company's stock of treasury shares after this transaction is 68,066,173 shares (7.17%). Oslo, 1 november 2011 DNO International ASA Corporate Communications For further information, please contact: Financial Market: Chief Financial Officer Haakon Sandborg Phone: +47 23 23 84 80 Media: Communication Director Tom Bratlie Phone: +47 905 21 904 This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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: DNO International ASA via Thomson Reuters ONE [HUG#1559702]
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