Reference is made to the stock exchange announcement on 7 April 2016 made by Songa Offshore SE (the "Company") regarding the new convertible bond loan issued by the Company on 17 April 2016.
Based on conversion notices received, convertible bonds of nominal value USD 500,000 have today been converted into 247,524 ordinary shares in the Company.
Following the conversion, the outstanding principal of the convertible bond is reduced to USD 114,860,691 and the number of outstanding ordinary shares in the Company has increased to 113,023,334.
5 January 2017
Limassol, Cyprus
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.