Based on conversion notices received, convertible bonds of nominal value USD 570,000 have today been converted into 282,178 ordinary shares in the Company.
Following the conversion, the outstanding principal of the convertible bond is reduced to USD 114,290,691 and the number of outstanding ordinary shares in the Company has increased to 113,305,512.
19 January 2017
Limassol, Cyprus
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Songa Offshore SE via Globenewswire