EOC Limited (the “Company”) refers to its announcements dated 10 July 2014 and 7 August 2014 and the circular to shareholders of the Company (the “Shareholders”) dated 7 August 2014 (the “Circular”) in relation to, inter alia, the Company’s proposed public offering (the “Proposed Offering”) of new shares (“New Shares”) and a secondary listing and quotation of all its shares (the “Shares”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) (the “Listing”).

The Company wishes to announce that it has obtained a letter of eligbility-to-list from the SGX-ST for the secondary listing and quotation for all its Shares and the New Shares, on the Main Board of the SGX-ST, subject to the fulfilment of various conditions, including, inter alia:

(a)        Compliance with the SGX-ST’s listing requirements and such other requirements that the SGX-ST may impose from time to time; and

(b)        The Company maintaining its primary listing on Oslo Børs and is subject to the listing (or other) rules of Oslo Børs.

The Company will determine the exact offering structure and details of the Proposed Offering (including the actual number of New Shares and the offer price of such New Shares) closer to the launch of such an offering, having regard to, inter alia, the demand for the Proposed Offering, prevailing market conditions, the prevailing price of the Shares on the Oslo Børs and the overall market sentiment. Shareholders should refer to the Circular for further details of, inter alia, the Proposed Offering.

Shareholders should note that the Proposed Offering and Listing is subject to, inter alia, prevailing market conditions and there is no assurance that the Proposed Offering and Listing will proceed in due course. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

On 7 August 2014, the Company announced that the Board of Directors had declared a conditional dividend in respect of the shares of EOC in the amount of NOK 1.12 per share. The dividend is conditional upon the fulfilment or waiver of the conditions precedent for completion of the Proposed Business Combination, as further described in the Circular.

Shareholders are reminded that the last date and time for lodgement of the Proxy Form (enclosed in the Circular) with DNB Bank ASA is 18 August 2014 at 10.00 a.m. (Singapore time).

For further information, please contact:

Mr. Jason Goh

EOC Limited

+65 6590 8209


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


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