Notice from bondholders' meeting

Reference is made to the summons letter dated 27 November 2017 and the addendum to the summons letter dated 12 December 2017 issued by DOF Subsea AS ("DOF Subsea" or the "Company") regarding "FRN DOF Subsea AS Senior Unsecured Bond Issue 2013/2018" (the "Bond Issue"). The bondholders' meeting was closed today and the proposed resolution was approved with 92.65% of the votes.
The resolution is inter alia conditional upon certain shareholders of DOF ASA, including the main shareholder Møgster Mohn Offshore AS, offering to purchase for cash consideration NOK 100 million of the Bond Issue from bondholders at par value (the "Tender Offer"). The Tender Offer is expected to be announced on 13 December 2017 and expected to expire on 18 December 2017. Further practical details related to the Tender Offer will be described in the Tender Offer documents which will be published on Newsweb and
Please see attached notice from the bondholders' meeting.
>>> Notice from Bondholders' meeting (PDF)
For further information, please contact:
Mons S. Aase, CEO, DOF Subsea, tel: +47 91 66 10 12
Marianne Møgster, SVP Finance, DOF Subsea, tel: +47 99 30 69 16


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