Reference is made to the stock exchange announcement on 7 April 2016 made by Songa Offshore SE (the "Company") regarding the new convertible bond loan issued by the Company on 17 April 2016.
Based on conversion notices received, convertible bonds of nominal value USD 300,000 have today been converted into 14,851,484 ordinary shares in the Company.
Following the conversion, the outstanding principal of the convertible bond is reduced to USD 117,719,025 and the number of outstanding ordinary shares in the Company has increased to 2,693,992,738.
15 September 2016
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Songa Offshore SE via Globenewswire