1Q6 Prosafe S.E.

Prosafe SE: Warrants issued to lenders

Prosafe SE: Warrants issued to lenders

Reference is made to previous announcements by Prosafe with respect to agreements with COSCO and its lenders, including announcements of 3 and 29 August 2018.

As part of these agreements, the company has today issued the warrants to those lenders having elected to receive such instead of increased margins. In total, 9,779,993 warrants have been issued, each of which gives right to subscribe for one new share in the company at a subscription price of NOK 21.37. Of these, 5,141,021 warrants are conditional inter alia on Prosafe taking delivery of Safe Nova and/or Safe Vega, and the remaining 4,638,972 warrants on Prosafe taking delivery of both Safe Nova and Safe Vega.

For further details, please refer to announcements of 3 and 29 August 2018, available on and

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

Stavanger, 28 November 2018

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: /

 

Cecilie Helland Ouff, Senior Manager - Corporate Finance and Treasury

Phone: / +47 991 09 467

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

EN
28/11/2018

Underlying

1Q6Prosafe S.E.

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Reports on Prosafe S.E.

Haakon Amundsen
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A director at Prosafe Se bought 6,000 shares at 157.000NOK and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

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Martin Huseby Karlsen
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Crowded and high-profile in Norway

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PGS PGS ASA
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AKER AKER ASA CLASS A
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E65F VALARIS PLC CLASS A
KVAER KVAERNER ASA
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AKSOO AKER SOLUTIONS ASA
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TEC TECHNIPFMC PLC
SHLF SHELF DRILLING
CGG CGG
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A2JAU0 BORR DRILLING
AWDR AWILCO DRILLING
DRLCO MAERSK DRILLING
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Martin Huseby Karlsen
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No help from Petrobras

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PGS PGS ASA
DOF DOF ASA
SOC SUBSEA 7 S.A.
SDRL SEADRILL LTD
BWO BW OFFSHORE
PLCS POLARCUS LIMITED
ARCHERO ARCHER
AKER AKER ASA CLASS A
TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
E65F VALARIS PLC CLASS A
KVAER KVAERNER ASA
ODL ODFJELL DRILLING
AKSOO AKER SOLUTIONS ASA
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RIGN TRANSOCEAN LTD.
TEC TECHNIPFMC PLC
SHLF SHELF DRILLING
CGG CGG
NODL NORTHERN DRILLING
A2JAU0 BORR DRILLING
AWDR AWILCO DRILLING
DRLCO MAERSK DRILLING
NE NOBLE
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