Saga Tankers ASA :SAGA TANKERS ASA - KEY INFORMATION RELATED TO COMPLETION OF SHARE CAPITAL DECREASE THROUGH DISTRIBUTION TO SHAREHOLDERS
Reference is made to the minutes from the extraordinary general meeting held on 4 July 2017 and the pertaining stock exchange notice, whereby the general meeting resolved to decrease the company's share capital with NOK 263,488,332.69 from NOK 266,149,831.00 to NOK 2,661,498.31 through reduction of the par value of the shares from NOK 1 per share to NOK 0.01 per share. In addition, the general meeting resolved to distribute NOK 127,515,543.33 through reduction of other paid-in equity. The reduction amount, including the reduction of other paid-in equity, shall be used as distribution to