5 September 2024: Reference is made to the announcement made by Odfjell
Technology Ltd (the “Company”) on 30 August 2024. The Company has today
officially notified Nordic Trustee AS of its decision to exercise the call
option to redeem all outstanding bonds under the Company’s outstanding NOK 1,100
million senior secured bond issue with maturity 23 February 2026 (ISIN NO
0012439480).
The bonds will be repaid at a price equal to 103.05 per cent of par value plus
accrued and unpaid interest up until the date of redemption, with settlement
scheduled for 19 September 2024.
For further information, please contact:
Gillian Basson, Corporate Secretary
+44 (0)7796 547889
gbas@odfjelltechnology.com
Aberdeen, United Kingdom
5 September 2024
Odfjell Technology Ltd
This information is subject to the disclosure requirements pursuant to section
5-12 the Norwegian Securities Trading Act.