PROPOSED RESTRUCTURING APPROVED BY THE BONDHOLDERS

Reference is made to the stock exchange notice from DOF ASA on 21 June 2016 concerning the summons to a bondholders' meeting in each of the DOF09, DOF10 and DOF11 bond issues of DOF ASA.

The bondholders' meetings have now been held. The requested proposals and amendments were approved in each bondholders' meeting in accordance with the proposal made by DOF ASA in the summons. The proposed resolution obtained 96,31% of the votes in DOF09, 84,36% of the votes in DOF10 and 87,93% of the votes in DOF11 respectively.

Contact person:

CEO Mons S. Aase, +47 91 66 10 12

CFO Hilde Drønen, +47 91 66 10 09


With a multi-national workforce in excess of 4,000 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 30 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity.

DOF’s core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry.

The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentine, Egypt, Angola, and Australia.


DOF ASA is listed on the Oslo Exchange since 1997.

Contacts

  • DOF ASA

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