News and media

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Company Disclosure

Request of general meeting in Solstad Offshore ASA

The board of Solstad Offshore ASA (“SOFF”) has received a letter from Kistefos AS (“Kistefos”) pursuant to which Kistefos requests that the board convenes SOFF’s general meeting in order to resolve that SOFF shall bring a damages claim against the parties listed below, jointly and severally, in respect of alleged losses suffered by SOFF as a result of the transactions announced by SOFF in the stock exchange notice dated 23 October 2023.

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Company Disclosure

Presentation of the 3rd quarter 2023

Solstad Offshore ASA presented the 3rd quarter results in a webcast today, 1st of December 2023, at 09:00 CEST.

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Company Disclosure

Financial report for the 3rd quarter 2023 

Solstad delivered another strong quarter in terms of operating income and EBITDA, and achieved a solid EBITDA margin at 49%.

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Company Disclosure

New contracts for CSV Normand Australis and AHTS Normand Sirius in Australia

Solstad Offshore ASA (Solstad) is pleased to announce contract awards in Australia for two of its vessels.

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Normand Sirius (2)

Company Disclosure

Invitation to webcast – presentation of third quarter 2023 results

Solstad Offshore welcomes to presentation of its 3Q 2023 report, Friday, December 1st, 2023 at 09:00 am. The presentation will be held by Lars Peder Solstad and Kjetil Ramstad.

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Company Disclosure

Sale of Vessel

Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the AHTS Nor Spring.

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Company Disclosure

Ex date

Reference is made to the stock exchange notice by Solstad Offshore ASA (“SOFF”) on 23 October 2023 with key information regarding the right to receive subscription rights in Solstad Newco in connection with the refinancing of Solstad Offshore refinancing of Solstad Offshore (the “Subscription Rights”) and to the stock exchange notice on 26 October 2023 with additional information regarding the Subscription Rights.

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Company Disclosure

Mandatory notification of trade

Fausken Invest AS, a company controlled by Frank O. Reite, board member in Solstad Offshore ASA (“SOFF”) has today exercised its option to acquire 356,509 shares in SOFF at a price of NOK 3.1117 per share, pursuant to a put/call agreement with Aker Capital AS that was announced on 20 October 2020.

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Company Disclosure

Further information regarding subscription rights in Solstad Newco in connection with the refinancing of Solstad Offshore

Reference is made to the stock exchange notice by Solstad Offshore ASA (“SOFF”) on 24 October 2023 with key information about the subscription rights in Solstad Newco in connection with the contemplated private placement to raise NOK 0.75 billion in new equity in Solstad NewCo (the “Private Placement”).

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Company Disclosure

Refinancing of Solstad Offshore

Reference is made to the stock exchange notice by Solstad Offshore ASA (“Solstad”, “Company”) 23 October 2023 regarding the refinancing of Solstad Offshore (the “Notice”).

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