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Havila Shipping ASA

Major Shareholding Notification Mar 22, 2017

3618_mrq_2017-03-22_d79c79c6-6415-44bc-81b6-54e9de7498ec.html

Major Shareholding Notification

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Havila Shipping ASA: Notification of large shareholdings

Havila Shipping ASA: Notification of large shareholdings

In connection with settlement of outstanding accounts between SpareBank 1 SMN

and Guarantee Institute for Export Credits (GIEK), SpareBank 1 SMN has

transferred 3,806,952 shares at a price of 0.24 Norwegian kroner in Havila

Shipping ASA, to GIEK. At the same time, SpareBank 1 SMN has exercised warrants

and awarded 22,190,508 shares in Havila Shipping ASA. After this, SpareBank 1

SMN holds a total of 63,565,103 shares, corresponding to 4,98 % of the share

capital of the company.

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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