DOF ASA AND DOF SUBSEA AS: RESULT FROM BONDHOLDERS' MEETINGS - FURTHER EXTENSION OF STANDSTILL PERIOD

Reference is made to the summons to bondholders' meetings in DOF Subsea AS' three bond loans (FRN DOF Subsea AS Senior Unsecured Bond Issue 2013/2020, DOF Subsea AS 9.50% Senior Unsecured Bond Issue 2017/2022 and FRN DOF Subsea AS Senior Unsecured Bond Issue 2018/2023) dated 16 September 2022, in which DOF Subsea AS requested the bondholders to approve to extend the current standstill period initially until 31 October 2022 and with a possibility to further extend the standstill period on one or more occasions to 30 November 2022 with the approval of the ad-hoc group of bondholder.

DOF ASA and DOF Subsea AS are pleased to announce that the bondholders in all three bond issues have approved the request. A copy of the notice from the bondholders' meetings is attached.
>>> Notice from the Bondholders' Meeting (PDF)

CEO Mons Aase, tel. +47 91 66 10 12
CFO Martin Lundberg, tel. +47 91 62 10 57

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

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