With reference to the final result of the rights issue in Belships ASA announced earlier today, the following primary insiders have been allocated shares at a subscription price of NOK 4 in accordance with the procedures and on the terms set out in the prospectus dated 28 June 2013.
| Name of primary insider
||Shares allocated based on subscription rights held||Shares allocated based on oversubscription||Shareholding after rights issue|
|Sonata AS 1)||11,583,165||0||28,584,284||3)|
|Sverre J. Tidemand||279,865||0||582,782|
|Chrem Capital AS 2)||18,478||231,522||270,000|
|Atalanta A/S 1)||113,639||0||236,639|
1) Owned 100% of primary insider Sverre J. Tidemand
2) Owned 100% of primary insider Christian Rytter
3) Includes 4,463,869 shares pursuant to the Underwriting Agreement
For further information, please contact:
Ulrich Müller, Managing Director, Belships ASA
Telephone +47 22 52 76 00 / +47 924 90 400
Osvald Fossholm, Finance Director, Belships ASA
Telephone +47 22 52 76 00 / +47 908 87 393
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.