Prosafe SE : Prosafe SE: Issue of new shares following private placement NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the stock exchange announcements dated 14 and 15 March 2013 regarding launch and completion of a private placement of 13,000,000 new shares in Prosafe SE (the "Company") at a subscription price of NOK 58 per share. The shares allocated in the private placement have now been issued and registered in the Norwegian Central Securities Depository (VPS), and thus tradable on the Oslo Stock Exchange. Payment and delivery to the subscribers in the private placement is expected to be on or about 20 March 2013. ABG Sundal Collier Norge ASA and SEB acted as Joint Lead Managers and Joint Bookrunners for the private placement. The new share capital of the Company is EUR 60,734,197.5 divided on 242,936,790 shares with a nominal value of EUR 0.25 per share. Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 222.4 million in 2012 and net profit was USD 177.5 million. The Company operates globally, employs 550 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com. Larnaca, 18 March 2013 Georgina Georgiou, General Manager Prosafe SE For further information, please contact: Media, analysts and investors Karl Ronny Klungtvedt, Chief Executive Officer Prosafe Management AS Phone: +47 908 81 657 Sven Børre Larsen, Chief Financial Officer Prosafe Management AS Phone: +47 909 43 673 Analysts and investors Cecilie Helland Ouff, Finance and IR Manager Prosafe AS Phone: +47 51 64 25 20 / +47 991 09 467 *** IMPORTANT INFORMATION This press release is for information purposes only and shall not constitute or be construed as an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Copies of this announcement are not being made and may not be distributed or sent into the Australia, Canada, Hong Kong, Japan, the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. The shares referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and will be sold within the United States only to qualified institutional buyers ("QIB"), as defined in Rule 144A under the U.S. Securities Act ("Rule 144A"), through affiliates of the managers, in reliance upon the exemption from the registration requirements provided by section 4(2) of the U.S. Securities Act Rule 144A, and to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the U.S. Securities Act. The shares to be offered will be subject to certain restrictions on transfer. Certain statements contained herein that are not statements of historical fact, may constitute forward-looking statements. Forward -looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results or events concerning the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. None of the Company, the managers or any of their affiliates or advisors provide any assurance that the assumptions underlying such forward-looking statements are free from errors nor do any of them accept any responsibility for the future accuracy of the opinions expressed in this press release or the actual occurrence of the forecasted developments. Except as may be required by applicable law or stock exchange regulation, neither the Company nor the managers, or any of their affiliates or advisors, assume any obligation to update any forward-looking statements or to confirm these forward-looking statements to actual results. This information is subject of the disclosure requirements set out in Section 5-12 of the Norwegian Securities Trading Act. ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Prosafe SE via Thomson Reuters ONE HUG#1685865
Prosafe SE : Prosafe SE: Issue of new shares following private placement
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