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Prosafe SE: Operational update – August 2025
Globenewswire· 2025-09-22 05:00
Core Insights - Prosafe reported a fleet utilization rate of 80% for August 2025, with several vessels operating at full capacity, indicating strong operational performance [1] - Safe Caledonia achieved 100% commercial uptime at the Captain Field in the UK, while other vessels like Safe Eurus, Safe Notos, and Safe Zephyrus exceeded 99% commercial uptime in Brazil [1] - The company is preparing for the upcoming contract of Safe Boreas in Australia, with a start-up window from November 16 to December 15, 2025, and is currently receiving a standby rate [1] Operational Performance - Prosafe continues to deliver high commercial uptime across all vessels, with Safe Caledonia performing exceptionally well and having options for contract extensions beyond December [2] - New contract opportunities for Safe Caledonia are emerging, particularly for the end of 2026 and into 2027, which is expected to support increased earnings [2] - Safe Boreas is in standby mode, with preparations for a full contract start-up in the fourth quarter, ensuring that all high-end units will be contracted into 2027 [2] Company Overview - Prosafe is a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange under the ticker code PRS [3]
Prosafe SE: Resignation of CEO Terje Askvig and appointment of Reese McNeel as interim-CEO
Globenewswire· 2025-08-29 10:09
Group 1 - The CEO of Prosafe, Terje Askvig, will resign effective September 1, 2025, with Reese McNeel appointed as interim CEO and CFO [1][2] - Carey Lowe, the Chair of the Board, will serve as executive chairman during the transition period [1] - The Board has initiated a process to appoint a permanent CEO [1] Group 2 - Terje Askvig is credited with leading Prosafe through a challenging financial restructuring, leaving the company as a leading provider of floating accommodation vessels and Units for Maintenance and Safety (UMS) [2] - Prosafe is a prominent owner and operator of semi-submersible accommodation vessels and is listed on the Oslo Stock Exchange under the ticker code PRS [2]
Prosafe SE: Final results of the Exercise Period for Warrants issued in the Warrants Offering
Globenewswire· 2025-08-26 09:16
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 11 August 2025 regarding commencement of the exercise period (the "Exercise Period") f ...
Prosafe SE: Preliminary results of the Exercise Period for Warrants issued in the Warrants Offering
Globenewswire· 2025-08-25 15:06
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 11 August 2025 regarding commencement of the exercise period (the "Exercise Period") fo ...
Prosafe SE: Operational update – July 2025
GlobeNewswire News Room· 2025-08-22 06:12
Group 1 - Fleet utilization for July 2025 was reported at 79% [1] - In Brazil, the vessels Safe Eurus, Safe Notos, and Safe Zephyrus achieved 99% commercial uptime in July [1] - Safe Caledonia operated at 100% commercial uptime at the Captain Field in the UK during the same period [1] Group 2 - Safe Boreas is currently in Singapore in preparation for an upcoming contract in Australia [1] - Prosafe is a leading owner and operator of semi-submersible accommodation vessels [2] - The company is listed on the Oslo Stock Exchange under the ticker code PRS [2]
Prosafe SE: Last day of the subscription period for the Warrants Offering
Globenewswire· 2025-08-06 05:00
Core Viewpoint - Prosafe SE is conducting a Warrants Offering with a subscription period ending on 6 August 2025, allowing investors to subscribe for up to 17,868,651 warrants [1][2]. Group 1: Subscription Details - The subscription period for the warrants ends today, 6 August 2025, at 16:30 (CEST) [2]. - Subscribers must submit a completed subscription form to the Receiving Agent before the period expires, with online subscriptions available for Norwegian residents with a personal identification number [2]. Group 2: Regulatory Information - The prospectus for the Warrants Offering, approved by the Norwegian Financial Supervisory Authority on 18 July 2025, contains detailed subscription procedures and terms [3]. - The securities involved in this offering are not registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or an exemption [6]. Group 3: Company Overview - Prosafe is a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange under the ticker code PRS [5].
Prosafe SE: Notice of Annual General Meeting to be held on 21 May 2025
Globenewswire· 2025-04-30 14:01
Company Information - Prosafe SE is a leading owner and operator of semi-submersible accommodation vessels [1] - The company is listed on the Oslo Stock Exchange with the ticker code PRS [1] Annual General Meeting (AGM) Details - The Annual General Meeting of Prosafe SE will be held on 21 May 2025 at 08.30 a.m. CEST [1] - The meeting will be arranged virtually through Lumi, and all relevant documents will be available online [1] - Attendance and proxy forms are attached to the notice of the meeting [1] Contact Information - For further inquiries, the CEO Terje Askvig and CFO Reese McNeel can be contacted via their provided phone numbers [2]