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Solstad Offshore ASA

Contract award for CSV Normand Maximus

Solstad Offshore ASA is pleased to announce that the company has signed a contract for the CSV Normand Maximus to support operations for a Client in Latin America.

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News

Solships 2020 – 54th edition

Today we released the 54th edition of the internal magazine of Solstad with stories from 2020.

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Solships 2020

Solstad Offshore ASA

Primary Insider Notification

Aker Capital AS, which is 100% owned by Aker ASA and represented on the Board of Solstad Offshore ASA (the “Company”) by Frank Ove Reite due to its ownership in the Company, has on December 1st, 2020 acquired 2,382,757 shares in the Company from Ocean Yield ASA (a company controlled by Aker). The acquisition is made at a price per share of NOK 5.16 which equals to the closing price on Oslo Stock Exchange yesterday, December 1st, 2020.

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SOFF Flag (2)

Solstad Offshore ASA

Primary insider notification

Jarsteinen AS, a company controlled by Solstad Offshore ASA’s (the “Company”) CEO Lars Peder Solstad and family, has on November 20th, 2020 purchased shares in the Company at a price of NOK 5,79 per share from other shareholders controlled by himself and family, as follows: 151,015 shares from Ivan AS, 18,860 shares from SOFF Invest […]

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Solstad Offshore ASA

AHTS contracts extended by INPEX, Australia

Solstad Offshore ASA are pleased to announce that Inpex Operations Australia Pty have extended the contracts previously agreed in October 2019 for the provision of two anchor handlers to support drilling for the Ichthys LNG development.

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Solstad Offshore ASA

Financial report for the 3rd quarter 2020

Successful restructuring of the Company was approved by an extraordinary general meeting on 20 October 2020

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SOFF Flag (2)

Solstad Offshore ASA

Registration of share capital increase upon completion of Subsequent Offering and partial conversion of Convertible Loan

Reference is made to the stock exchange notice by Solstad Offshore ASA (the “Company”) on 10 November 2020 regarding the final results of the subsequent offering of 1,336,973 new shares, each with a par value of NOK 1.00 at a subscription price of NOK 2.80 per share (the “Subsequent Offering”) and the issuance of 652,459 new shares at a conversion price of NOK 1 upon the partly conversion of the unsecured and fully subordinated zero-interest convertible loan to Aker Capital AS, Hemen Holding Limited and Jarsteinen AS, a company controlled by CEO Lars Peder Solstad with family (the “Convertible Loan”).

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zerotolerance

Solstad Offshore ASA

Result of Subsequent Offering, conversion of Convertible Loan and allocation to primary insiders and large shareholders

Reference is made to the previous stock exchange notices by Solstad Offshore ASA (the “Company”) pertaining to the subsequent offering of up to 1,336,973 new shares, each with a par value of NOK 1.00 (the “Offer Shares”) at a subscription price of NOK 2.80 per share (the “Subsequent Offering”).

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SOFF Flag (2)

Solstad Offshore ASA

Preliminary results of the Subsequent Offering

Reference is made to the previous stock exchange notices by Solstad Offshore ASA (the “Company”) pertaining to the subsequent offering of up to 1,336,973 new shares, each with a par value of NOK 1.00 (the “Offer Shares”) at a subscription price of NOK 2.80 per share (the “Subsequent Offering”).

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Solstad Offshore ASA

Subscription period for Subsequent Offering ends today

Reference is made to the stock exchange notice by Solstad Offshore ASA (the “Company”) on 26 October 2020 regarding the commencement of the subscription period for the subsequent offering of 1,336,973 new shares, each with a par value of NOK 1.00 (the “Offer Shares”) at a subscription price of NOK 2.80 per share (the “Subsequent Offering”).

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Normand Scorpion