Release details

2017-06-09 11:32 CEST
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Update on the merger process

Skudeneshavn, Ålesund and Limassol, 9 June 2017

Reference is made to previous stock exchange notices regarding the proposed mergers between (i) Farstad Shipping ASA and Solship Invest 2 AS with the latter as the surviving entity and with settlement in shares in Solstad Offshore ASA ("SOFF"), (ii) Deep Sea Supply Plc and Solship Sub AS with the latter as the surviving entity and (iii) Solship Sub AS and Solship Invest 3 AS with the latter as the surviving entity and with settlement in SOFF shares, together referred as the "Mergers".

Preparations for completion of the Mergers have been moving forward and are now in their final stages. Key dates for completion of the Mergers will be announced as soon as the exact date for completion has been determined. 

Contact:

Lars Peder Solstad, Chief Executive Officer of Solstad Offshore ASA at +47 913 18 585 or Sven Stakkestad, Deputy Chief Executive Officer of Solstad Offshore ASA at +47 905 15 802.

Karl-Johan Bakken, Chief Executive Officer of Farstad Shipping ASA at +47 901 05 697 or Olav Haugland, Chief Financial Officer of Farstad Shipping ASA at +47 915 41 809.

Anders Hall Jomaas, Chief Financial Officer of Deep Sea Supply Plc at +47 400 42 918.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
HUG#2112079