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Prosafe SE and subsidiary company Prosafe Rigs Pte. Ltd. – Update on the scheme documents


Reference is made to the earlier information provided about the ongoing financial process with the lenders, in particular the press release dated 18 August 2021 in relation to notice of the Scheme Meetings pursuant to Section 210(1) of the Singapore Companies Act, for the purpose of considering and, if thought fit, approving (with or without modifications) the Schemes proposed to be made between Prosafe SE ("PSE"), Prosafe Rigs Pte. Ltd. ("PRPL") and their respective Scheme Creditors.

This announcement is to notify you that certain amendments have been made to the Scheme Documents. The following documents can be downloaded from Clifford Chance Pte. Ltd.'s virtual data room, which can be accessed at this link for your information and to assist you in your consideration of the Scheme(s):

1. PSE Supplementary Explanatory Statement, appending the updated versions of the following:

a) PSE Scheme Document

b) Restructuring Implementation Deed

2. PRPL Supplementary Explanatory Statement, appending the updated versions of the following:

a) PRPL Scheme Document

b) Restructuring Implementation Deed

3. Comparisons of the updated documents against the previous circulation on 18 August 2021.

Please contact Clifford Chance Pte. Ltd. if you experience any difficulty in accessing the documents, or have any queries, at the following email address –

Prosafe SE and PRPL will make the appropriate announcements as and when there are any further material developments on the financial process and the matters above. Please monitor Prosafe SE's website for any announcements or update on the process.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to

Stavanger, 28 September 2021
Prosafe SE

For further information, please contact:
Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 51 64 25 17 / +47 478 07 813

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

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