Agreement for the sale of all of all of the outstanding shares in Mime Petroleum AS

19 Apr 2023 08:07 CEST

Please see attached announcement from Kistos Holdings plc ("Kistos") setting out
the terms under which Kistos announces that it has reached conditional agreement
to acquire all of the outstanding shares of Mime Petroleum AS ("Mime") from Mime
Petroleum S.a.r.l.

The closing of the transaction is subject inter alia to approval by the
bondholders in Mime Petroleum AS 10.25% USD 300,000,000 senior secured callable
bonds 2021/2026 (ISIN: NO0011142036), Mime Petroleum AS 13.00% super senior
secured USD 180,000,000 bonds 2023/2025 (ISIN: NO0012867318) and Mime Petroleum
AS hybrid callable bonds 2023/2083 (ISIN: NO0012867326 and ISIN: NO0012867334)
of various changes, waivers and amendments as further set out in a summons for
written resolution which will be published later today.


For further information, please contact:
Olav Haugland, CFO
M: + 47 915 41 809
E: olav.haugland@mime-petroleum.com

More information:
Access the news on Oslo Bors NewsWeb site

587906_Agreement to Acquire Mime Petroleum A.S. - 07_00_05 19 Apr 2023 - KIST News article _ London Stock Exchange.pdf