Recommended Offfer to purchase the remaining shares in Fairstar Heavy Transport N.V.
Reference is made to the stock exchange announcement
by Dockwise Ltd. ("Dockwise") and Fairstar Heavy
Transport N.V. ("Fairstar") on 14 July 2012,
regarding their agreement on the recommended
acquisition by Dockwise, through its wholly-owned
subsidiary Dockwise White Marlin B.V.
(the "Offeror"), of the remaining shares in Fairstar.
The Offeror currently holds more than 95% of the
shares of Fairstar.
The Offeror hereby makes an offer to acquire all the
issued and outstanding shares in Fairstar
(the "Shares") that are not already owned by the
Offeror for an offer price of NOK 10.00 per Share on
the terms set in attached document (the "Offer"). The
made to all remaining shareholders in Fairstar who
can lawfully accept the Offer.
For further information please contact:
Dockwise: Fons van Lith
Tel: +31 (0)6 51 314 952 or +31 (0)76 5484116
Fairstar: Ingmar den Blanken
Tel: +31 (0)10 403 5333
Profile Fairstar Heavy Transport:
Fairstar Heavy Transport N.V. is a leading provider
of marine heavy transport solutions, specializing in
high-value cargoes for the offshore and onshore
energy and construction industries. Fairstar owns and
operates three of the most modern semi-submersible
heavy transport ships in the global fleet, FORTE,
FJORD and FJELL. The 48,000DWT, open-stern semi-
submersible vessel FINESSE is currently under
construction with Guangzhou Shipbuilding
International in China and will be owned and operated
by Fairstar when she is delivered in October of 2012
respectively. Fairstar is based in Rotterdam and
quoted on the Oslo Stock Exchange (ticker: FAIR).