Prosafe SE: Final results of the Warrants Offering
Globenewswire·2025-08-07 12:30

Core Viewpoint - Prosafe SE has successfully completed a subscription period for the offering of up to 17,868,651 warrants, receiving valid subscriptions for 13,251,869 warrants, which will allow holders to request the issuance of ordinary shares in the company [2][3]. Group 1: Subscription and Allocation - The subscription period for the warrants offering ended on 6 August 2025, with valid subscriptions totaling 13,251,869 warrants [2]. - The allocation of the warrants was conducted according to the criteria set out in the prospectus approved by the Norwegian Financial Supervisory Authority [2]. Group 2: Exercise Period and Conditions - The exercise period for the warrants will commence on 11 August 2025 and conclude on 25 August 2025, during which one warrant entitles the holder to request one ordinary share [3]. - Shareholders who subscribed and were allocated warrants will receive an exercise form prior to the exercise period [3]. Group 3: Pricing and Payment Mechanism - The subscription price for exercising the warrants is set at EUR 0.01 per new share, with an expected NOK-based exchange mechanism for contributions anticipated to be NOK 0.15 per share [5]. Group 4: Company Overview - Prosafe is a leading owner and operator of semi-submersible accommodation vessels and is listed on the Oslo Stock Exchange under the ticker code PRS [7].