Reference is made to the stock exchange notice of 18 April 2017 in which Scanship Holding (the "Company") announced that it was in exclusive negotiations based on a binding offer from a Bidder to buy all outstanding shares in the Scanship AS and its subsidiaries in the US and Poland, subject to certain conditions being fulfilled, as set out in the offer and briefly summarised in the stock exchange notice of 18 April 2017.
The granted period for exclusive negotiations lapsed at close of business on 5 May. The ongoing negotiations with the Bidder have not been terminated and continue on a non-exclusive basis.
For further information contact:
Tore Enger, Chairman of the Board
tore.enger@scanship.no
About Scanship Holding:
Scanship Holding is a maritime industry leader in advanced technologies for processing waste and purifying water. Owners operating our systems have the solution to convert all waste and wastewater to inert materials, recyclables, clean flue gas and effluent, which meets the highest international discharge standards.
Norwegian Cruise Line, Royal Caribbean International, TUI, Carnival Cruise Line, Costa Asia, P&O Australia, MSC, Viking Ocean Cruises, Hurtigruten and Silversea are all being delivered with Scanship technology for environmental compliance.
Our new technologies will recover energy and water, providing tangible payback from the operations. We strive for the highest quality, best innovation and sustainable solutions.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.