North Sea Strategic Investments AS, a company managed
by HitecVision ("North Sea"), has pursuant to the
private placement of Prosafe SE, as described in a
stock exchange notice dated 5 September 2016
(the "Notice"), been allocated 1,500,000,000 new A-
shares in Prosafe SE.
As of today, North Sea is the owner of 47,940,903
shares in Prosafe SE, representing 18.47 % of the
issued shares and votes in Prosafe SE. Following
settlement of the private placement, North Sea will
own 1,547,940,903 shares (47,940,903 ordinary shares
and 1,500,000,000 A-shares), representing 25.66 % of
the issued shares and votes (pre potential dilution
effect of the subsequent repair issue, as described in
the Notice). North Sea does not hold other shares or
rights to shares in Prosafe SE other than those
described in this disclosure.
This information is subject to the disclosure
requirements set out in section 4-3 of the Norwegian
Securities Trading Act.