Shearwater announces listing of senior secured first lien bond on Euronext Oslo Børs

02 Jan 2025 13:32 CET

Bergen, 2 January 2024: Reference is made to the announcements on 5 April and 19
December 2024 made by Shearwater Geoservices AS (the "Company" or "Shearwater")
published on the Company's website regarding, respectively, the successful
placement of a USD 300 million senior secured first lien bond (the "Bonds"), and
the approval by the Financial Supervisory Authority of Norway of a prospectus
(the "Prospectus"), prepared by the Company in connection with the planned
application for admission to trading and listing of the Bonds on Euronext Oslo
Børs.

On 30 December 2024, Euronext Oslo Børs approved the Company's application for
admission to trading of the Bonds on Euronext Oslo Børs.

The Bonds will commence trading on Euronext Oslo Børs today, 2 January 2025.

The Prospectus is available on www.shearwatergeo.com/investors.

For further information, please contact:

Andreas Hveding Aubert, CFO, phone: +47 48 01 40 70
Kristian Rådal, Investor Relations Manager, phone: +47 99 23 61 58

About Shearwater:

Shearwater is a global marine geoscience and technology business that
specialises in collecting data offshore. The organisation uses state-of-the art
seismic vessels and equipment to explore the seabed and processes the data using
market-leading proprietary software. These insights help clients understand the
Earth and make informed decisions about accelerating responsible use of its
resources. Shearwater’s headquarters is in Bergen, Norway, with more facilities
all around the globe. The company employs around 1280 people.

This information is information that Shearwater GeoServices is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted
for publication by Kristian Rådal at 2025-01-02 13:31 CET.

More information:
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