16 Dec 2024 15:18 CET

Issuer

Havila Shipping ASA

NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Reference is made to the stock exchange announcement on 1 October 2024, where
lenders' decisions to either receive settlement or extend their outstanding
loans under the restructuring agreement were communicated.
Of the debt which is due on 30 December 2024, NOK 568 million will be converted
into a total of 251,392,575 new shares in Havila Shipping planned to be issued
on 30 December 2024.
The Financial Supervisory Authority of Norway approved a prospectus on 16
December 2024, prepared in connection with the listing of these shares. The
Prospectus will be made available on Havila Shipping's website
www.havilashipping.no/.

Wikborg Rein Advokatfirma AS is the legal advisor to Havila Shipping.

Contacts:
Chief Executive Officer Njål Sævik, +47 909 35 722
Chief Financial Officer Arne Johan Dale, +47 909 87 706


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


Source

Havila Shipping ASA

Provider

Oslo Børs Newspoint

Company Name

HAVILA SHIPPING, Havila Shipping ASA 10/16 FRN C, Havila Shipping ASA 11/17 FRN C

ISIN

NO0010257728, NO0010590441, NO0010605033

Symbol

HAVI

Market

Oslo Børs