DOF ASA News
DOF ASA and DOF Subsea AS: Result from Bondholders' meetings
Reference is made to the summons to bondholders' meetings in DOFSUB07 (ISIN NO 001 0670144), DOFSUB08 (ISIN NO 001 078817.7) and DOFSUB09 (ISIN NO 001 083681.0) dated 15 January 2021 in which DOF Subsea AS requested an extension of the standstill period for the three bond loans initially until 31 March 2021 and with a possibility to extend to 30 June 2021 with the approval of an ad-hoc committee of bondholders. The bondholders' meetings were held today and the proposed resolution received 99.17%, 100% and 100% of the votes in DOFSUB07, DOFSUB08, and DOFSUB09, respectively. Approval of the proposal set out in the summons required 2/3 majority in all three bonds, and the proposal was consequently approved. Please see the attached minutes from the bondholders' meetings.
>>> Minutes from the bondholder's meetings (PDF)
For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO DOF Hilde Drønen tel. +47 91 66 10 09