Farstad Shipping ASA – Restructuring update, mandatory notifications of trades and disclosures of shareholdings
Reference is made to the stock exchange notice from Farstad Shipping ASA ("Farstad" or the "Company") on 3 March 2017 regarding the completion of the Company's extraordinary general meeting of shareholders (the "Extraordinary General Meeting"). Following the approval by the Extraordinary General Meeting of the NOK 450 million equity issue under item 9 on the agenda, the Company has today received the following subscriptions at a subscription price of NOK 0.35 per share on the terms set forth therein: a) From Aker Capital AS ("Aker") for 571,428,571 shares for an amount of