Core Points - The Company is proposing a recapitalisation plan that includes issuing Warrants to existing shareholders, contingent upon the approval of the extraordinary general meeting (EGM) [1][3] - Today, 16 May 2025, marks the last trading day for the Company's shares with the right to subscribe for Warrants, assuming EGM approval [2] - The offering of Warrants is conditional on the successful completion of the recapitalisation and requires the preparation and publication of a prospectus [3] Summary by Sections Recapitalisation Proposal - The Company announced a recapitalisation plan on 24 April 2025, which includes issuing Warrants to shareholders as of the EGM date [1] - The recapitalisation is aimed at strengthening the Company's financial position [1] Trading Information - The last day for trading shares with the right to subscribe for Warrants is 16 May 2025, with an ex. date announcement to follow for trading starting on 19 May 2025 [2] Warrant Offering Conditions - The offering of Warrants is subject to the completion of the recapitalisation and the publication of a prospectus [3] - Warrants will not be offered in jurisdictions where such an offering is unlawful or requires additional regulatory actions [3]
Prosafe SE: Last day of trading including rights to Warrants
Globenewswire·2025-05-16 05:05