Mandatory notification of trade
Reference is made to the stock exchange announcement published by Solstad Offshore ASA ("SOFF") on 29 May 2024 regarding the offering of shares in Solstad Maritime Holding AS ("SMH"). Jarsteinen AS has today exercised 4,735,966 subscription rights (NOTC: SOFMART) in SMH for a total of approximately NOK 56 million. This equals approx. 1.0% of the fully diluted shares in SMH. Jarsteinen AS does not currently own any shares in SMH. Jarsteinen AS has also sold 3,500,000 subscription rights in SMH at a price of NOK 9.10 per subscription right, which equals total proceeds of NOK 31.85