Prosafe SE Reports Final Results for Warrants Exercise Period

Final Results of the Warrants Exercise Period
Prosafe SE has concluded the Exercise Period for its offering of warrants, significantly impacting the company's trajectory. This landmark decision centers around 17,868,651 warrants that held the attention of numerous investors looking for growth opportunities.
Warrant Exercise Highlights
The Exercise Period concluded recently, with investors exercising a total of 13,033,597 warrants at an attractive exercise price of NOK 0.15 per share. This indicates strong investor confidence and demonstrates the strategic plans laid out by Prosafe SE.
Share Allocation Timeline
Investors who exercised their warrants will see their shares allocated in VPS accounts starting from 12:00 (CEST) on the designated date following the end of the Exercise Period. Those without direct access to investor services are encouraged to reach out to DNB Issuer Services for assistance in understanding the shares they have acquired.
Upcoming Payment and Registration Information
To finalize the acquisition of their new shares, investors are reminded that payment is due on a specified date. It is crucial for exercising warrant holders to have adequate funds in their accounts by the designated date to avoid any complications.
Capital Increase Expectations
Assuming all payments are processed on time, Prosafe anticipates that the increase in share capital will be officially registered shortly after the payment deadline. New shares will subsequently be available in shareholders' VPS accounts within a few days. Investors can follow their investments closely as shares are expected to be listed rapidly on Euronext Oslo Børs under the ticker 'PRS'.
About Prosafe SE
As a premier owner and operator of semi-submersible accommodation vessels, Prosafe SE continues to be a key player in the maritime sector. The company's strategic expansions and updates keep it aligned with market demands, ensuring ongoing growth and investor interest.
Key Contacts
For any inquiries or further information, stakeholders can reach out to:
Terje Askvig, CEO - Phone: +47 952 03 886
Reese McNeel, CFO - Phone: +47 415 08 186
Frequently Asked Questions
What was the exercise price of the warrants?
The exercise price for the warrants was set at NOK 0.15 per share.
What is the total number of warrants offered?
The total number of warrants offered was 17,868,651.
When will the shares be allocated to investors?
The shares will be allocated to investors' VPS accounts starting from 12:00 (CEST) on the specified date after the Exercise Period.
How can I contact the company for more information?
Investors can reach out to Terje Askvig or Reese McNeel for inquiries using the contact numbers provided.
Where will the new shares be listed?
The new shares will be listed on Euronext Oslo Børs under the ticker code 'PRS'.
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