NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES
Reference is made to previous announcements concerning the refinancing (the "Refinancing") of Prosafe SE ("Prosafe" or the "Company") as first announced on 7 July 2016.
The subscription period for the Subsequent Offering of up to 504,000,000 Offer Shares at a subscription price of NOK 0.25 expires at 16:30 hours, Oslo time, on 31 October 2016. Please note that Subscription Rights that are not used to subscribe for Offer Shares before the end of the Subscription Period will lapse without compensation and consequently be of no value.
The Subsequent Offering is managed by ABG Sundal Collier ASA, Pareto Securities AS, DNB Markets, a part of DNB Bank ASA, Nordea Markets, a part of Nordea Bank Norge ASA and Skandinaviska Enskilda Banken AB (publ.), Oslo branch (SEB) (the "Managers").
The Prospectus, including the subscription form, are available at www.prosafe.com , www.abgsc.no , www.paretosec.com , www.dnb.no/emisjoner , www.nordea.no/prs and www.seb.no , and will also be available free of charge at the business offices of the Company and the Managers.
Subscriptions may be made by duly completing and delivering the subscription form, in accordance with the terms and conditions set out in the Prospectus, to one of the subscription offices set out therein. Norwegian investors with a VPS account can in addition subscribe for Offer Shares online at www.abgsc.no , www.paretosec.com , www.dnb.no/emisjoner , www.nordea.no/prs or www.seb.no.
Prosafe is the world's 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
Larnaca, 28 October 2016
Georgina Georgiou, General Manager
For further information, please contact:
Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Phone: +47 51 64 25 20