Based on conversion notices received, convertible bonds of nominal value USD 150,000 have today been converted into 74,257 ordinary shares in the Company.
Following the conversion, the outstanding principal of the convertible bond is reduced to USD 107,829,271 and the number of outstanding ordinary shares in the Company has increased to 138,138,162.
21 December 2017
Limassol, Cyprus
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Songa Offshore SE via Globenewswire