Reference is made to the stock exchange release on 28 April 2023.
The company previously informed the exchange that applications had been made to
the High Court in London to extend the long stop provisions contained in the
English court orders for settlement of the existing debt.
Today the High Court has granted those applications and extended the deadlines
by two months, until 30 June 2023.
The company has today been informed that OFSI has taken a decision to grant the
UK licence applied for by the company.
This will permit the participation of UK persons in the company's ongoing
refinancing activity, subject to the terms of that licence.
Contacts:
CEO Bent Martini, +47 905 99 650
CFO Arne Johan Dale, +47 909 87 706