Reference is made to the extraordinary general meeting of Songa Offshore SE (the "Company") on 12 December 2016, where a reverse share split and certain ancillary actions were approved.
The reverse share split will be implemented in the ratio of 100:1, so that every 100 ordinary shares of nominal value EUR 0.001 each will be consolidated into 1 ordinary share of the Company, each of nominal value EUR 0.1. There will not be any change of ISIN in connection with the reverse share split.
Please note the following key dates for implementation of the reverse share split:
Date of announcement of the reverse share split: | 12 December 2016 |
Last day before reverse share split (last inc day): | 14 December 2016 |
First day after reverse share split (ex date): | 15 December 2016 |
Record date: | 16 December 2016 |
Date of approval: | 12 December 2016 |
12 December 2016
Limassol, Cyprus