Reference is made to the stock exchange announcements dated 19 and 20 April 2012 regarding the private placement of 35,200,000 new shares (the "New Shares") in Songa Offshore SE (the "Company").
The New Shares have now been validly issued, and the Company's issued share capital has been increased to EUR 22,320,380, divided into 202,912,544 issued shares, each with a nominal value of EUR 0.11.
The New Shares have been registered in the Norwegian Central Securities Depository (VPS) on a separate ISIN, being CY 010 2522113, and cannot be traded on Oslo Børs until the Company has published a prospectus in connection with the listing of the New Shares.
Upon publishing of the prospectus, the New Shares will be transferred to the Company's ordinary ISIN, being CY 010 0962113, and automatically become listed and tradable on Oslo Børs.
Reference is made to the press release of 20 April 2012 regarding the total shareholding after the private placement of Perestroika AS with affiliated and related parties. The correct total holding is 41,062,145 shares, representing 20.24% of the Company.
For further information, please contact:
Geir Karlsen, CFO, tel. +47 91 60 83 32
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.