Farstad Shipping ASA – Private placement fully subscribed
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Ålesund, Norway, 13 February 2017 – With reference to the announcement on 7 February 2017, Farstad Shipping ASA ("Farstad" or the "Company") announces today that the private placement of 428,571,428 new shares (the "Private Placement") was fully subscribed.