Registration of share capital increase upon completion of Subsequent Offering and partial conversion of Convertible Loan
Reference is made to the stock exchange notice by Solstad Offshore ASA (the "Company") on 10 November 2020 regarding the final results of the subsequent offering of 1,336,973 new shares, each with a par value of NOK 1.00 at a subscription price of NOK 2.80 per share (the "Subsequent Offering") and the issuance of 652,459 new shares at a conversion price of NOK 1 upon the partly conversion of the unsecured and fully subordinated zero-interest convertible loan to Aker Capital AS, Hemen Holding Limited and Jarsteinen AS, a company controlled by CEO Lars Peder Solstad with family (the "