Notice for part conversion has been received on the basis of which Convertible Bonds of nominal value NOK 2,605,190 have today been converted into 104,207 new ordinary shares in the Company, based on the conversion price of NOK 25 per share.
Following the conversion, the remaining outstanding principal of the Convertible Bonds is reduced to NOK 59,693,504. The number of outstanding shares in the Company has increased to 81,504,726 shares, each of nominal value EUR 0.1.
Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The Company is headquartered in Larnaca, Cyprus and listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com
Stavanger, 27 June 2018
For further information, please contact:
Stig Harry Christiansen, Deputy CEO and CFO
Prosafe Management AS
Phone: +47 51 64 25 17 / +47 478 07 813
Cecilie Helland Ouff, Senior Manager - Corporate Finance and Treasury
Phone: +47 51 64 25 20 / +47 991 09 467
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.