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Standard Supply AS M&A Activity 2023

Dec 29, 2023

3764_rns_2023-12-29_e6d14614-d8eb-48f9-97e7-6dddd9cb5650.html

M&A Activity

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Standard Supply AS: Completed sale of four mid-sized vessels in Northern Supply AS

Standard Supply AS: Completed sale of four mid-sized vessels in Northern Supply AS

Oslo, Norway, December 29th 2023

Reference is made to the stock exchange release on December 1st 2023 regarding the sale of the four mid-sized vessels FS Kristiansand, FS Braemar, FS Abergeldie and FS Crathes in Northern Supply AS for gross USD 34 million. Standard Supply AS has now completed the sale of the vessels.

ENDS

For further information, please contact:

CEO Espen L. Fjermestad at +47 95 20 44 93

Chairman of the Board Martin Nes at +47 92 01 48 14