Prosafe SE (PRS.OL)

[Petersen2]

På kort sikt kan dette bli en enorm rakett, men på litt lengre sikt 2-3 måneder så er det skit ja

[Petersen2]

Økte litt i dag

[TekBot]

OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH

Currently the following companies are placed in Recovery Box:

Insr Insurance Group ASA (INSR) (since 29.06.2020)
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Prosafe SE (PRS) (since 05.11.2020)
Seadrill Ltd (SDRL) (since 05.11.2020)

Recovery Box is a special compartment where Oslo Børs can place securities where the Issuer is subject to circumstances that make pricing of the securities particularly uncertain.

Recovery Box is regulated in section 2.10.2 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.2 of Euronext Growth Oslo Rule Book Part II. The relevant security will remain in the Recovery Box until the circumstances for the allocation to the Recovery Box are no longer present.

Currently the following companies are placed in Penalty Bench:

DOF ASA (DOF) (since 15.03.2021)
Netoil Capital Ltd. (NOC) (since 23.07.2021)

Penalty Bench is a special compartment where the securities of Issuers that fail to comply with the Rules are placed.

Penalty Bench is regulated in section 2.10.3 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.3 of Euronext Growth Oslo Rule Book Part II. Oslo Børs will remove a security from the Penalty Bench and allocate the security to the normal compartment when the issuer has corrected the violation of the Rules that was the reason for allocating the security to the Penalty Bench.

Kilde

[TekBot]

Prosafe SE and subsidiary company Prosafe Rigs Pte. Ltd. - Notice of Scheme Meetings

Reference is made to the earlier information provided about the ongoing
financial process with the lenders, the latest in a press release dated 2 August
2021 in relation to the orders granted by the Singapore Court for Prosafe SE and
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Prosafe Rigs Pte. Ltd. (“PRPL”) to convene meetings (the “Scheme Meetings”) of
their creditors (the “Scheme Creditors”) pursuant to Section 210(1) of the
Singapore Companies Act, for the purpose of considering and, if thought fit,
approving (with or without modifications) the Schemes proposed to be made
between PSE, PRPL and their respective Scheme Creditors.

Pursuant to the orders HC/ORC 4342/2021 and HC/ORC 4343/2021, this announcement
is to notify you of the Scheme Meetings to be held at the following dates and
times:

• Secured Creditors’ Scheme Meeting for Prosafe SE - 4:00pm Singapore time,
  28 September 2021
• Unsecured Creditors’ Scheme Meeting for Prosafe SE - 4:30pm Singapore time,
  28 September 2021
• Secured Creditors’ Scheme Meeting for PRPL - 5:00pm Singapore time, 28
  September 2021
• Unsecured Creditors’ Scheme Meeting for PRPL - 5:30pm Singapore time, 28
  September 2021

We request that all creditors please complete and submit their Proof of Debt
Forms to the Scheme Manager at david.chew@dhccapital.com
(mailto:david.chew@dhccapital.com) by 5:00pm Singapore time, 27 August 2021.
Please note that you will only be able to participate in the Scheme Meetings and
vote on the Scheme(s) if you submit your completed Proof of Debt Forms by the
abovementioned deadline.

The following documents can be downloaded from Clifford Chance Pte. Ltd.'s
virtual data room, which can be accessed at https://highq.in/ebfdj1rur5 for
your information and to assist you in your consideration of the Scheme(s):

• Proof of Debt From for PSE
• Proof of Debt Form for PRPL
• Scheme Creditor Proxy Forms
• PSE Explanatory Statement (appending the PSE Scheme Document)
• PRPL Explanatory Statement (appending the PRPL Scheme Document)

Please contact Clifford Chance Pte. Ltd. if you experience any difficulty in
accessing the documents, or have any queries, at the following email address -
Prosafe.Queries@CliffordChance.com (mailto:Prosafe.Queries@CliffordChance.com).

Prosafe SE and PRPL will make the appropriate announcements as and when there
are any further material developments on the financial process and the matters
above. Please monitor Prosafe SE’s website for any announcements or update on
the process.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

18 August 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Prosafe SE: Second quarter and first half report 2021

(Figures in brackets refer to the corresponding period of 2020)

Reported EBITDA for the second quarter was USD 18.1 million (USD 10.1 million
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negative), reflecting a high activity level with a utilization rate of 65.8%.
Liquidity reserve of USD 119.9 million at the end of the quarter.

As per previous press releases, the Company received formal support from a clear
majority of its lenders on the comprehensive and material restructuring of the
financial indebtedness of the group (the “Transaction”). On completion of the
Transaction, this will result in a significant de-leveraging of the balance
sheet with debt reduction, corresponding reduction in annual debt service and a
more robust financial situation. Post implementation, existing banks/creditors
will own 99% of the equity and current shareholders and convertible bond holders
will own 1% of the equity.

Recent highlights

• Operating status and financial results:

  • Utilisation of 65.8% in Q2 (6.5%)
  • Reported EBITDA of USD 18.1 million (USD 10.1 million negative)
  • Cash flow from operations was USD 21.9 million negative (USD 5.5 million
    negative). Higher negative cash flow from operations for the period was
    mainly due to an increase in debtors, which was driven by higher vessel
    activities

• Liquidity reserve of USD 119.9 million (USD 177.5 million)

• Operations and commercial:

  • 5 of 7 vessels were on contract in the quarter
  • Further options for Safe Boreas, Safe Zephyrus and Safe Caledonia were
    exercised
  • Ongoing tenders in Brazil and the North Sea

Jesper K. Andresen, Prosafe’s CEO says, “The first half of the year has been
characterized by high operational activity, with 5 out of 7 vessels in
operation, and we are pleased to see this reflected in both improved financial
results as well as good HSE performance. We are further pleased to have reached
agreement with a clear majority of our lenders for a more robust financial
solution which will be implemented and effective before year end 2021. Against
that we will be much better positioned to protect and create value as
opportunities arise, and focus our efforts on commercial activities and on
delivering safe, efficient and increasingly more environmentally friendly
operations.”

A complete version of the Q2 2021 earnings release and the Q2 2021 presentation
is attached and can be downloaded from www.prosafe.com (http://www.prosafe.com)
and www.newsweb.no (http://www.newsweb.no)

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

19 August 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Prosafe SE: Finalization of conversion of convertible bonds - issue of shares

Reference is made to press release Update on financial process - Conversion of
convertible bonds on 6 August 2021.

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Finalization of the conversion has been carried out today.

Reference is made to the convertible bonds issued by Prosafe SE (“Prosafe” or
the “Company”) on 15 September 2016, with ISIN NO 0010771025. Convertible Bonds
of nominal value NOK 35,706,341 have today been converted into 1,428,253 new
ordinary shares in the Company, based on the conversion price of NOK 25 per
share. Following the conversion, the remaining outstanding principal of the
Convertible Bonds is reduced to zero.

Reference is made to the convertible bonds issued by Prosafe on 16 December
2016, with ISIN NO 001 0781008. Convertible Bonds of nominal value NOK
122,836,000 have today been converted into 4,094,533 new ordinary shares in the
Company, based on the conversion price of NOK 30 per share. Following the
conversion, the remaining outstanding principal of the Convertible Bonds is
reduced to zero.

The number of outstanding shares in the Company has increased to 87,986,998
shares, each of nominal value EUR 0.1.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to http://www.prosafe.com

Stavanger, 23 August 2021
Prosafe SE

For further information, please contact:

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 65 25 17 / +47 478 07 813

Cecilie Helland Ouff, Senior Manager - Corporate Finance and Treasury
Phone: +47 51 65 25 20 / +47 991 09 467

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Prosafe SE: Mandatory notification of trade

Jesper Kragh Andresen, CEO has today sold 84,067 shares in Prosafe SE at an
average price of NOK 1.52 per share.

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Stig H. Christiansen, Deputy CEO&CFO has today sold 54,000 shares in Prosafe SE
at an average price of NOK 1.53 per share.

Ryan Stewart, COO has today sold 45,260 shares in Prosafe SE at an average price
of NOK 1.52 per share.

Karine Cosemans, Sr. Manager Communication & Exec. Support has today sold 1,200
shares in Prosafe SE at an average price of NOK 1.55 per share.

Following the transactions, Jesper Kragh Andresen, Stig H. Christiansen, Ryan
Stewart and Karine Cosemans own 0 shares in Prosafe SE.

The sale is made in light of the announced and ongoing financial restructuring
process which will leave existing shareholders in Prosafe SE with only 1% of the
shares following implementation, and consequently in order to crystalize their
losses.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

Stavanger, 23 August 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Prosafe SE and subsidiary company Prosafe Rigs Pte. Ltd. - Update on Financial Restructuring

Reference is made to the earlier information provided about the ongoing
financial process with the lenders, the latest in a press release dated 18
August 2021 in relation to the Notice of Scheme Meetings.
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Please take notice that Prosafe SE and Prosafe Rigs Pte Ltd (“PRPL”) have today
filed separate applications under section 64(7) of the Singapore Insolvency,
Restructuring and Dissolution Act 2018 to extend the moratorium orders granted
by the Singapore Court on 27 May 2021 for moratorium protection to be extended
up to 31 January 2022 or such other date as the Singapore Court thinks fit (the
“Moratorium Extension Applications”).

Creditors who wish to receive a copy of the papers filed in the Moratorium
Extension Applications should contact Prosafe SE’s and PRPL’s Singapore
solicitors at Prosafe.Queries@CliffordChance.com
(mailto:Prosafe.Queries@CliffordChance.com).

Prosafe SE and PRPL will make the appropriate announcements as and when there
are any further material developments on the financial process and the matters
above. Please monitor Prosafe SE’s website for any announcements or update on
the process.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

Stavanger, 25 August 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Prosafe SE: Update on the court case between Prosafe and Westcon

?Reference is made to press release dated 12 May 2021 in which Prosafe informed
that Prosafe had decided to address the perceived shortcomings of the judgement
by the Gulating Court of Appeal through an appeal to the Supreme Court.
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The Supreme Court have today decided not to accept the appeal. As such the
judgement by the Gulating Court of Appeal is final.

The Gulating Court of Appeal decided that Prosafe had to pay Westcon NOK
302,510,457 plus interest and legal costs, in total about NOK 465 million
related to the conversion of the Safe Scandinavia at Westcon yard.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to https://www.prosafe.com

Stavanger, 27 August 2021

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 478 07 813

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Cecilie Helland Ouff Senior
Manager Corporate Finance and Treasury at Prosafe on 27 August 2021 at 16:00
CEST.

Kilde

[TekBot]

OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH

Currently the following companies are placed in Recovery Box:

Prosafe SE (PRS) (since 05.11.2020)
…

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Seadrill Ltd (SDRL) (since 05.11.2020)

Recovery Box is a special compartment where Oslo Børs can place securities where the Issuer is subject to circumstances that make pricing of the securities particularly uncertain.

Recovery Box is regulated in section 2.10.2 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.2 of Euronext Growth Oslo Rule Book Part II. The relevant security will remain in the Recovery Box until the circumstances for the allocation to the Recovery Box are no longer present.

Currently the following companies are placed in Penalty Bench:

DOF ASA (DOF) (since 15.03.2021)
Netoil Capital Ltd. (NOC) (since 23.07.2021)
Insr Insurance Group ASA (INSR) (since 30.08.2021)

Penalty Bench is a special compartment where the securities of Issuers that fail to comply with the Rules are placed.

Penalty Bench is regulated in section 2.10.3 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.3 of Euronext Growth Oslo Rule Book Part II. Oslo Børs will remove a security from the Penalty Bench and allocate the security to the normal compartment when the issuer has corrected the violation of the Rules that was the reason for allocating the security to the Penalty Bench.

Kilde

[TekBot]

Prosafe SE: Update on Financial Restructuring and supplementary dual-track restructuring process

Reference is made to earlier information provided regarding Prosafe SE and its
subsidiary company Prosafe Rigs Pte. Ltd’s (“Prosafe” or the Company") ongoing
financial process with its lenders, latest on 25 August 2021.
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Prosafe is pleased to announce that it has now received formal support from ca
98.2% across the USD 1300 million facility and the USD 144 million facility on a
comprehensive and material restructuring of the financial indebtedness of the
group (the “Transaction”).

In accordance with the press release on 14 July 2021, where it was informed that
additional implementation steps to the Singapore Schemes of Arrangement
initiated by Prosafe SE and Prosafe Rigs Pte. Ltd. will be progressed in other
relevant jurisdictions in due course, Prosafe SE has today filed for Norwegian
restructuring proceeding (Nw: rekonstruksjon) pursuant to the Norwegian
Temporary Act on Restructuring to facilitate implementation of the Transaction.
The Company expects to be able to complete the Transaction prior to 31 January
2022 similar to date requested for extension of the moratorium orders granted by
the Singapore Court as informed in the Company’s press release on 25 August
2021. Prosafe’s objective remains to continue business as normal during the
restructuring proceedings.

Prosafe SE and Prosafe Rigs Pte. Ltd. will make the appropriate announcements as
and when there are any further material developments on the financial process
and above matters. Please monitor Prosafe SE’s website for any announcements or
updates on the process.

Moelis & Company are acting as financial advisors, and Schjødt and Clifford
Chance are acting as legal advisors to Prosafe in connection with the
restructuring.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to https://www.prosafe.com

Stavanger, 1 September 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[E24Bot]

Boligriggselskapet Prosafe søker rekonstruksjon i Norge – aksjen stiger markant på Oslo Børs

Boligriggselskapet Prosafe søker rekonstruksjon i Norge – aksjen stiger...

[E24Bot]

Boligriggselskapet Prosafe søker rekonstruksjon i Norge

Boligriggselskapet Prosafe søker rekonstruksjon i Norge

[E24Bot]

Boligriggselskapet Prosafe søker konkursbeskyttelse i Norge

Boligriggselskapet Prosafe søker konkursbeskyttelse i Norge

[TekBot]

Prosafe SE and subsidiary company Prosafe Rigs Pte. Ltd. - Update on Financial Restructuring

Reference is made to the earlier information provided about the ongoing
financial process with the lenders, the latest in a press release dated 25
August 2021 in relation to the applications made by Prosafe SE and Prosafe Rigs
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Pte Ltd (“PRPL”) to extend the moratoria orders (granted by the Singapore Court
on 27 May 2021) up to 31 January 2022 or such other date as the Singapore Court
thinks fit in HC/SUM 3983/2021 and HC/SUM 3984/2021 (the “Moratorium Extension
Applications”).

The Singapore Court has today provided the following directions in relation to
the Moratorium Extension Applications as follows:

1. By no later than 4pm (Singapore time) on Friday, 3 September 2021

Any person (including any creditor) who objects to the Moratorium Extension
Applications shall file an affidavit.

2. By no later than 4pm (Singapore time) on Tuesday, 7 September 2021

Prosafe SE and PRPL shall file their reply affidavit(s), if any.

3. By no later than 4pm (Singapore time) on Thursday, 9 September 2021

The following are to be tendered to the Singapore court: (a) submissions and
bundles of authorities which are to be exchanged among the parties; (b) an
attendance list of all who wish to attend the hearing, indicating whether the
party attending is supporting or opposing the Moratorium Extension Applications;
and (c) a time bank setting out the allocation of time for oral submissions by
each who wishes to address the Singapore Court at the hearing, on the assumption
that the hearing will take no more than 1 hour altogether.

4. 10am (Singapore time) on Monday, 13 September 2021

Moratorium Extension Applications to be heard before the Honourable Justice Pang
Khang Chau.

5. All affidavits are to be served by email followed by service on e-Litigation.

Creditors who wish to attend the hearing for the Moratorium Extension
Applications are requested to inform the solicitors of Prosafe SE and PRPL of
their intention to do so, by emailing Prosafe.Queries@CliffordChance.com
(mailto:Prosafe.Queries@CliffordChance.com) with their details before 4pm
(Singapore) time on Wednesday, 8 September 2021, indicating (a) whether they
support or oppose the Moratorium Extension Applications and (b) the time they
will require for oral submissions.

Prosafe SE and PRPL will make the appropriate announcements as and when there
are any further material developments on the financial process and the matters
above. Please monitor Prosafe SE’s website for any announcements or update on
the process.

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com
(https://www.globenewswire.com/Tracker?data=wg3IaNRJCw1MmETnYKD4MlwNM0DrVMSiHHV4
e-m9qDsUgKiAuF72BJpMzMRwO1dZxtUex8j4734ZRcOa_7mPQw==)

Stavanger, 1 September 2021
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[E24Bot]

Prosafe søker konkursbeskyttelse i Norge

Prosafe søker konkursbeskyttelse i Norge

[Andyboi]

Noen andre som prøver seg på en high risk trade her ?

[Richardames]

Fikk 8% på et par minuters tid tidligere idag😎 bare å hive seg på toget, og sørge for at man hopper av før alle andre.

[Andyboi]

Hehe, misset første runde, men kjenner jeg denne aksjen rett så kommer det flere

[TekBot]

Prosafe SE: Notice of Extraordinary General Meeting

An Extraordinary General Meeting of Prosafe SE will be held at the offices of
Advokatfirmaet Schjødt, Ruseløkkveien 14, 0201 Oslo, Norway on 27 September
2021 at 09.00 a.m. CEST.
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Due to the extraordinary situation caused by the Covid-19 pandemic and in light
of travel and meeting recommendations and restrictions currently in place,
Prosafe urges shareholders to vote electronically in advance or submit proxy
forms, and not attend the meeting in person.

The notice of the Extraordinary General Meeting and appendices is attached, will
be distributed to Prosafe’s registered shareholders and can be downloaded from
www.newsweb.no (http://www.newsweb.no) or www.prosafe.com
(http://www.prosafe.com) with direct link https://www.prosafe.com/investor-
information/corporate-governance/general-meetings/

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com)

Stavanger, 6 September 2021
Prosafe SE

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde