Songa Offshore SE : Statement on mandatory offer by Perestroika AS
Reference is made to the mandatory offer launched by Perestroika AS for the
shares of Songa Offshore SE (the "Company") as further detailed in the mandatory
offer document dated 19 December 2013.
According to the Norwegian Securities Trading Act section 6-16, the board of
directors of the Company has a duty to issue a statement on its assessment of
the bid and the reasons on which it is based. As the owner of Perestroika AS,
Frederik W. Mohn, is a board member of the Company and the Offer is a
consequence of a refinancing plan approved by the board of directors of the
Company, Oslo Børs has decided that an independent expert shall issue the
statement, in accordance with the Norwegian Securities Trading Act section 6-16
(4). In this context, SEB has been engaged by the board of directors of the
Company to provide such statement, which is attached hereto.
Limassol, 13 January 2014
For further information, please contact:
Jan Rune Steinsland, CFO (+47 97052533)
This information is subject of the disclosure requirements pursuant to the
Norwegian Securities Trading Act §5-12.
SEB - Assessment of the mandatory cash offer from Perestroika AS:
http://hugin.info/136777/R/1754356/592051.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Songa Offshore SE via GlobeNewswire
[HUG#1754356]
