Compulsory acquisition - approval of guarantee
Oslo Børs, in capacity as take-over supervisory authority, has approved payment guarantee pursuant to the Securities Trading Act section 6-22 3rd sub- section no. 3 in connection with compulsory acquisition ("squeeze-out") without preceding mandatory offer. In this respect, Oslo Børs has also considered the other relevant conditions applicable for the exemption to present a mandatory offer pursuant to the Securities Trading Act section 6-22 3rd sub-section. Yinson Production Limited has resolved to effect compulsory acquisition of the shares in Fred. Olsen Production ASA not already held