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Songa Offshore SE : New shares issued

ID: 1511726
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(Thomson Reuters ONE) -


Reference is made to the press releases as of 25 November 2016 and 14 June 2017
regarding incentive programs established for employees of Songa Offshore.

In order to fulfil its obligations thereunder, Songa Offshore SE has today
issued 222,000 new shares at par value for delivery under the Long Term
Incentive Program. Following such issuance and before distribution to the
employees, the Long Term Incentive Program holds 319,348 shares, which is equal
to the number of shares to be delivered for the 1 July 2017 vesting.

Following the share issue, the number of ordinary shares in the Company has
increased to 129,797,688.


29 June 2017
Limassol, Cyprus


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




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: Songa Offshore SE via GlobeNewswire






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Date: 06/29/2017 - 17:05
Language: English
News-ID 1511726
Character count: 6014
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Firma: Songa Offshore SE
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Stadt: Oslo
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