2009-11-04 15:23:08 -
London, November , 04, 2009
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN.
Special General Meeting
Breda, Netherlands, 4 November 2009. A Special General Meeting of
Dockwise Ltd. was held today. All items were resolved in accordance
with the Board of Directors' proposals as set out in the notice to
the Special General Meeting, including the directed placement, the
subsequent offering, the capital reduction, the share consolidation
and the changes to the Board of Directors. The minutes from the
Special General Meeting are attached.
The indicative timetable for the matters resolved in the Special
General Meeting is included in the table below.
+--------------------------------------------------------------------------------------------------------+
|Delivery of placement shares to existing shareholders in directed placement and listing and |6 November|
|commencement of trading on Oslo Børs of such placement shares............................. |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Subscription period in subsequent offering commences |9 November|
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|First day of trading in the subscription rights on Oslo Børs |9 November|
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Last day of trading in the subscription rights on Oslo Børs |17:30 |
| |hours |
| |(CET), on |
| |23 |
| |November |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Subscription period in subsequent offering ends.............. |17:30 |
| |hours |
| |(CET), on |
| |23 |
| |November |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Allocation of offer shares in subsequent offering and final calculation of placement shares |Expected |
|to new investors in directed |on or |
|placement.................................................................................. |about 27 |
| |November |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Distribution of allocation letters............................................. |Expected |
| |on or |
| |about 27 |
| |November |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Payment date............................................................................ |30 |
| |November |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Delivery date for offer shares in subsequent offering and placement shares to new investors |Expected |
|in directed placement |on or |
| |about 2 |
| |December |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Capital reduction and share consolidation......................... |Expected |
| |on or |
| |about 2 |
| |December |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Listing and commencement of trading on Oslo Børs of offer shares in subsequent offering and |Expected |
|placement shares to new investors in directed |on or |
|placement............................................. |about 2 |
| |December |
| |2009 |
|---------------------------------------------------------------------------------------------+----------|
|Listing and commencement of trading in the Euro Registry Shares on Euronext |Expected |
|Amsterdam........................................... |on or |
| |about 3 |
| |December |
| |2009 |
+--------------------------------------------------------------------------------------------------------+
Further information:
Fons van Lith +31 76 5484116/+31 651 314 952
Fons.van.lith@dockwise.com
About Dockwise Ltd / Dockwise Group
Dockwise Ltd., a Bermuda incorporated, has a workforce of more than
1200 people both offshore and onshore. The company is the leading
marine contractor providing total transport services to the offshore,
onshore and yachting industries as well as installation services of
extremely heavy offshore platforms. The Group is headquartered in
Breda, The Netherlands. The Group's main commercial offices are
located in The Netherlands, the United States, China, Korea,
Australia, Brasil, Moscow, Singapore and Nigeria. The Dockwise Yacht
Transport business unit is headquartered in Fort Lauderdale and has
an office in Italy. The Dockwise Shipping network is supported by
agents in Japan, Singapore, Spain, Norway, Argentina and Italy.
To support all of its services to customers, the group also has three
additional engineering centers in Houston, Breda and Shenzhen,
manufactures specific motion reduction equipment such as LMU (Leg
Mating Units) and DMU (Deck Mating Units) and owns a fleet of 20
purpose built semi-submersible vessels.
Dockwise shares are listed on the Oslo Stock Exchange under ticker
DOCK.
For further information: www.dockwise.com
This information is not an offer of securities for sale in or into
the United States, Australia, Canada or Japan. The securities have
not been and will not be registered under the US Securities Act of
1933, as amended, ("US Securities Act") and may not be offered or
sold in the United States unless registered under the US Securities
Act or sold in a transaction exempt from registration. There will be
no public offer of the securities in the United States.
This announcement is being distributed in the UK only to, and is
directed only at persons who are (i) investment professionals as
defined in Article 19 of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 ("the Promotion Order") who are
persons having professional experience in matters relating to
investments, (ii) high net worth companies, unincorporated
associations and others falling within Article 49 of the Promotion
Order or (iii) persons to whom this announcement may otherwise
lawfully be distributed without being accompanied by any further
statements and/or warnings as may be required by the Promotion Order
(all such persons together being referred to as "relevant persons")
and accordingly is exempt from the general restriction on
communications in section 21 of the Financial Services and Markets
Act 2000 and, as a result of such exemptions, has not been approved
by an authorised person as required by such section. Any person who
(i) does not have professional experience in matters relating to
investments; (ii) is not a relevant person; or (iii) has any doubt
about as to whether they are an investment professional, a high net
worth company or unincorporated association, or other person to whom
this announcement may be lawfully distributed without it being
accompanied by any further statements or warnings and/or the
investment to which this announcement relates must not rely on or act
upon the contents of this announcement unless, with respect to (iii)
only, they take professional advice that confirms that they fall
within one of those categories. Dockwise Ltd. has only communicated
or caused to be communicated invitations or inducements to engage in
investment activity (within the meaning of Section 21 of the
Financial Services and Markets Act 2000) in connection with the issue
or sale of the shares in circumstances in which Section 21(1) of the
Financial Services and Markets Act 2000 does not apply. Any
investment or investment activity to which this announcement relates
is available in the United Kingdom only to relevant persons and will
be engaged in only with such persons.
hugin.info/137711/R/1352596/327276.pdf
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solely responsible for the content of this announcement.
