Songa Offshore SE : Conversion of bonds, new shares issued

Reference is made to the stock exchange announcement on 7 April 2016 made by Songa Offshore SE (the "Company") regarding the new convertible bond loan issued by the Company on 17 April 2016.

Based on conversion notices received, convertible bonds of nominal value USD 190,000 have today been converted into 9,405,940 ordinary shares in the Company.

Following the conversion, the outstanding principal of the convertible bond is reduced to USD 116,529,024 and the number of outstanding ordinary shares in the Company has increased to 11,219,742,784.

1 December 2016
Limassol, Cyprus

 


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Read source: http://globenewswire.com/news-release/2016/12/01/894426/0/en/Songa-Offshore-SE-Conversion-of-bonds-new-shares-issued.html?f=22&fvtc=5&fvtv=32646628

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