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Oceanteam ASA reaches settlement with the Halbesma Family

Apr 13 2018
Amsterdam (the Netherlands)/ Bergen (Norway), 13 April 2018 

Oceanteam ASA ("Oceanteam" or "Company") is pleased to announce that the Company has reached an agreement with the Halbesma Family and the companies affiliated with them and has secured their support for the proposed comprehensive re-financing plan, which will be voted upon as part of the agenda on the extraordinary general meeting of shareholders to be held today, 13 April 2018, Friday (“EGM”). 
Diederik Legger, Board Member of Oceanteam ASA says:” I am glad that the Halbesma Family supports the re-financing plan for Oceanteam, the company that they have founded more than 10 years ago, enabling it to continue operations. The refinancing plan has proven to be the alternative to secure continuation of Company’s business and has a broad support by the various stakeholders of the Company." 

About Oceanteam ASA 
The Company is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water offshore support vessels and fast support vessels. Oceanteam Solutions' focus is to provide its clients with complete offshore solutions. Oceanteam ASA has been active in the industry as an offshore solutions provider for over twelve years.

For more information: www.oceanteam.no
 
For further information about Oceanteam ASA please contact:
 
CEO (Interim) Meindert van Genderen: +31 20 53 57 570        meindert@oceanteam.nl
CFO Jos van Dijk: +31 20 53 57 570   
jos@oceanteam.nl