Please find attached (i) notice of cancellation of bondholders' meetings scheduled for 26 August 2016 for the bondholders in Rem Offshore ASA (the "Company") and (ii) a summons for new bondholders' meetings in the Company to resolve a restructuring of bond loans, in both case related to bonds with ISIN NO 001067283.5 and bonds with ISIN NO 001072023.8.

For background information on the restructuring, please see announcement of (i) 27 June 2016, concerning the Company's comprehensive financial restructuring and the company presentation attached to the Summons and (ii)  1 August 2016 concerning the merger with Solstad Offshore ASA.

The bondholders' meetings will be held on 6 September at 13:00 (CET) at the premises of Nordic Trustee ASA, Haakon VIIs gt.1, 0161 Oslo.

A printed version of the summons will be sent by post to all bond holders.

23 August 2016

Fosnavåg, Norge

Rem Offshore ASA

 

Questions should be directed to:

 Arild Myrvoll, CEO (+47 90 01 41 88)

 Ola Beinnes Fosse, CFO (+47 97 53 12 27)

 Åge Remøy, Chairman of the Board (+47 90 59 12 92)

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
Summons bondmeetings
Cancellation bondmeetings


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: REM Offshore ASA via Globenewswire
HUG#2036747
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