Solstad Offshore ASA
PSV contract extended with Fairfield
Solstad Offshore ASA is pleased to announce that Fairfield Betula Limited (“Fairfield”) has extended the charter of the PSV Far Symphony.
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News
Celebrating 10 years with no LTI’s
This November Normand Pacific reached the impressive milestone of 10 years continuous operation with no LTIs recorded onboard. The vessel’s excellent track record is a testament to the crew’s competence, high focus on safety standards, good routines and processes to support everyone in all tasks.
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Solstad Offshore ASA
Contract awards within Subsea and Renewable energy
Solstad Offshore ASA is pleased to announce award of two contracts within Subsea and Renewable Energy representing around 500 vessel days in 2021.
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Solstad Offshore ASA
Contract award for subsea vessels in Brazil
Solstad Offshore ASA is pleased to announce that the current contract of RSV Far Saga with PETROBRAS has been extended for a period of 1 year starting on Oct 30th, 2020. Far Saga has been operating in Brazilian water since 2014.
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Solstad Offshore ASA
Commencement of subscription period for Subsequent Offering
Reference is made to the stock exchange notices by Solstad Offshore ASA (“Solstad” or “the Company”) on 19 and 20 October 2020, respectively, regarding the approval of prospectus (the “Prospectus”) and key information relating to a subsequent offering of 1,336,973 new shares in the Company, each with a par value of NOK 1.00 (the “Subsequent Offering”), at a subscription price of NOK 2.80 per share (the “Subscription Price”). The subscription period will commence today, 26 October 2020, at 09:00 CET and expire on 9 November 2020 at 16:30 CET (the “Subscription Period”).
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Solstad Offshore ASA
Subsequent offering: update on number of subscription rights
Reference is made to the stock exchange notice by Solstad Offshore ASA on 20 October 2020 at 11:49 CET regarding inter alia the contemplated subsequent offering towards Eligible Shareholders (as defined in the aforementioned notice).
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Solstad Offshore ASA
Correction on tradability of new shares
Reference is made to the stock exchange notice by Solstad Offshore ASA on 20 October 2020 at 17:09 CET regarding the registration of the new share capital following completion of the restructuring of the Solstad Offshore group.
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Solstad Offshore ASA
Ex share consolidation and subscription right in subsequent offering today
Reference is made to the stock exchange notices by Solstad Offshore ASA on 19 October 2020 on key information relating to the share consolidation (reverse split) and on 20 October 2020 on key information relating to the contemplated subsequent offering, both as approved by the extraordinary general meeting on 20 October 2020.
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Solstad Offshore ASA
New share capital registered
Reference is made to the stock exchange notice by Solstad Offshore ASA (the “Company”) earlier today (the “Notice”) regarding the approval by the extraordinary general meeting of the restructuring of the Solstad Offshore group and the final decisions by the Company’s board of directors based on the level of subscription in the Private Placements. All terms used in this notice shall have the meaning ascribed to such terms in the Notice.
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Solstad Offshore ASA
Key information relating to subsequent offering
Reference is made to the stock exchange notice by Solstad Offshore ASA earlier today (the “Notice”) regarding the approval by the extraordinary general meeting of the restructuring of the Solstad Offshore group and the final decisions by the board of directors, including with respect to the authorisation to the board to complete the Subsequent Offering (as defined in the Notice).
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