Sale of vessels
Deep Sea Supply Shipowning AS, a wholly owned subsidiary of Solstad Farstad ASA, has sold the AHTS Sea Badger (built 2011, 6.800 BHP). Delivery of the vessel to the new owner took place on Friday April 13th, 2018.
Furthermore, Deep Sea Supply Shipowning I AS, a wholly owned subsidiary of Solstad Farstad ASA, has delivered the three AHTS vessels Sea Fox, Sea Vixen and Sea Stoat (all built 2011, 6.800 BHP) to the new owner Brazilian Navy according to the terms described in a stock exchange announcement made on September 7th, 2017.
The sale of the four vessel will result in an immaterial accounting effect for 2Q 2018.
Skudeneshavn, April 16th, 2018
Lars Peder Solstad CEO, at +47 913 18 585
Anders Hall Jomaas CFO, at +47 400 42 918
Solstad Farstad ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act