March 29 (Reuters) - Reach Subsea ASA REACH.OL :
* ON TUESDAY ANNOUNCED FINAL RESULTS OF SUBSEQUENT OFFERING
* BY END OF SUBSCRIPTION PERIOD, CO HAD RECEIVED VALID
SUBSCRIPTIONS FOR 312,635 OFFER SHARES IN SUBSEQUENT OFFERING
* BOD HAS TODAY RESOLVED THAT TOTAL OF 312,635 OFFER SHARES
WILL
BE ALLOCATED BASED ON SUBSCRIPTION RIGHTS IN ACCORDANCE WITH
ALLOCATION CRITERIA SET OUT IN PROSPECTUS
* WILL RAISE NOK 1.3 MLN IN GROSS PROCEEDS THROUGH
SUBSEQUENT
OFFERING
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