Songa Offshore SE : Last day of Subscription Pe...

Reference is made to the previous announcements by Songa Offshore SE (the "Company") in respect of the subsequent offering of up to 1,418,100,000 new shares (the "Offer Shares") in the Company (the "Subsequent Offering"). The subscription period for the Subsequent Offering will expire today, 13 June 2016 at 16:30 hours, Oslo time. Correctly completed subscription forms must be received by ABG Sundal Collier or Swedbank, or, in the case of online subscriptions, be registered, within this deadline. Upon expiry of the subscription period, any subscription rights that have not been exercised will expire without any compensation to the owner.

For more information, please refer to the prospectus of the Company, dated 26 May 2016 (the "Prospectus"). The Prospectus is available at www.songaoffshore.com, www.abgsc.no and www.swedbank.no.

Important information:

The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia).

This release is an announcement issued pursuant to legal information obligations, and is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction.  The securities mentioned herein have not been, and will not be registered under the United States Act of 1933, as amended (the "Securities Act").  The Securities may not be offered or sold in United States except pursuant to an exemption from the registration requirements of the Securities Act.  The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in United States. Copies of this announcement are not being made and may not be distributed or sent into Australia, Canada, Japan or the United States.  The subscription or purchase of shares in the Company is subject to specific legal or regulatory restrictions in certain jurisdictions.  Neither the Company nor the Managers assumes any responsibility in the event there is a violation by any person of such restrictions.

The distribution of this release may in certain jurisdictions be restricted by law. Persons into whose possession this release comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute violation of the securities laws of any such jurisdiction. The Managers are acting for the Company and no one else in connection with the Subsequent Offering and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to any other matter
referred to in this release.

Forward-looking statements:

This release and any materials distributed in connection with this release may contain certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the Company's current expectations and assumptions as to future events and circumstances that may not prove accurate.  A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
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

HUG#2020065