16 Sep 2024 14:00 CEST

Issuer

Odfjell Technology Ltd

16 September 2024: Reference is made to the announcement made by Odfjell
Technology Ltd (the “Company”) on 5 September 2024 gave notice of exercise of
the call option for the remaining outstanding bonds under the existing bond
issue. The Company has today notified Nordic Trustee AS that the Call Option
Notice is now unconditional and that it will exercise the call option to redeem
all outstanding bonds under the Company’s outstanding NOK 1,100 million senior
secured bond issue with maturity 23 February 2026 (ISIN NO 0012439480).

The bonds will be repaid at a price equal to 103.05 per cent of par value plus
accrued and unpaid interest up until the date of redemption, with settlement
scheduled for 19 September 2024.

For further information, please contact:

Gillian Basson, Corporate Secretary
+44 (0)7796 547889
gbas@odfjelltechnology.com

Aberdeen, United Kingdom
16 September 2024
Odfjell Technology Ltd


Source

Odfjell Technology Ltd

Provider

Oslo Børs Newspoint

Company Name

ODFJELL TECHNOLOGY LTD, Odfjell Technology Ltd 22/26 FRN FLOOR C

ISIN

BMG6716L1081, NO0012439480

Symbol

OTL

Market

Oslo Børs