InterOil E&P EGM approved share capital cut to NOK 10.07 million
Reuters2026/08/13 16:40- InterOil Exploration and Production ASA held an extraordinary general meeting on Aug. 13, 2026.
- Shareholders adopted a share capital reduction of NOK 90.6 million to NOK 10.1 million by cutting nominal value per share to NOK 0.5.
- The reduction amount was earmarked to cover losses, based on the company’s 2024 annual accounts approved on July 7, 2025.
- Execution was not confirmed; the resolution envisages a creditor-notice process before the capital reduction is implemented.
- Shareholders also adopted an amendment to the articles to reflect the new share capital once the reduction is completed.
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