SOFF - FAR - DESSC: Key Date Announcement
Friday 23 June 2017
Reference is made to previous stock exchange notices regarding the proposed mergers between (i) Farstad Shipping ASA ("FAR") and Solship Invest 2 AS with the latter as the surviving entity and with settlement in Solstad Offshore ASA ("SOFF") shares, (ii) Deep Sea Supply Plc ("DESSC") and Solship Sub AS with the latter as the surviving entity (the "DESSC Merger I") and (iii) Solship Sub AS and Solship Invest 3 AS with the latter as the surviving entity and with settlement in SOFF shares (the "DESSC Merger II"), together referred as the "Mergers" and the settlement shares in the Mergers are referred to as the "Merger Shares".
In connection with completion of the Mergers, please note the following key dates:
Last day when FAR and DESSC shares are trading: 21 June 2017
Expected date of completion of the Mergers: 21 June 2017 after close of trading
First day of the merged SOFF (now renamed Solstad Farstad ASA ; ticker "SOFF" will be continued) trading alone: 22 June 2017
Record date: 23 June 2017
Date of delivery of the Merger Shares in VPS: 26 June 2017
First day of trading of the Merger Shares will be 22 June 2017, i.e. before delivery of the Merger Shares to the VPS accounts of eligible former shareholders of FAR and DESSC. Therefore no account-to-account transactions and no transactions with settlement prior to 26 June 2017 will be allowed in the Merger Shares on the Oslo Stock Exchange in this period.