Lysaker, 21 April 2021
Reference is made to the announcement dated 7 April 2021, which amongst others disclosed the final proposal for the company reconstruction pursuant to the court protected reconstruction process (the "Reconstruction Plan").
Axxis Geo Solutions ASA has today requested Nordic Trustee AS to summon for a bondholders' written resolution under the Axxis Geo Solutions ASA 8.00% senior secured USD 35,000,000 bonds 2020/2022 (ISIN NO 001 0887383) to, among others, approve the Reconstruction Plan and the redemption of all outstanding bonds, see the attached summons with request for a bondholders’ written resolution.
Contacts
Ronny Bøhn, CEO
Ronny.Bohn@axxisgeo.com
+47 905 58 517
Nils Haugestad, CFO
Nils.Haugestad@axxisgeo.com
+47 977 04 439
About AGS
Axxis Geo Solutions (Axxis) is a pure-play ocean bottom node seismic company uniquely positioned to pursue both contract and multi-client seismic. Axxis specializes on delivering tailored seismic solutions and flexible project management and execution to oil and gas companies world-wide. Its operations are based on a scalable asset-light setup through chartering of vessels and nodes to complete seismic surveys.
Axxis is listed on EURONEXT EXPAND OSLO and traded under the ticker Axxis.
More information on www.axxisgeo.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.