Sale of vessel

14 Mar 2023 13:49 CET

Issuer

Solstad Offshore ASA

Skudeneshavn, Norway, 14 March 2023 - Solstad Rederi AS, a wholly owned
subsidiary of Solstad Offshore ASA (Solstad Offshore, OSE: SOFF), have sold the
AHTS Far Sabre.

The vessel has been in layup since 2019. Delivery of the vessel to the new owner
took place today, 14 March, 2023.

The sale of the vessel will result in a minor positive accounting effect to be
reflected in 1Q 2023.

For further information, please contact:
Lars Peder Solstad, CEO, tel: + 47 91 31 85 85
Kjetil Ramstad, CFO, tel +47 90 75 94 89


Source

Solstad Offshore ASA

Provider

Oslo Børs Newspoint

Company Name

SOLSTAD OFFSHORE

ISIN

NO0003080608

Symbol

SOFF

Market

Oslo Børs