businesspress24.com - Dockwise Ltd : Temporary closing of conversion program
 

Dockwise Ltd : Temporary closing of conversion program

ID: 1112447

(Thomson Reuters ONE) -


THIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR FORWARDING,
RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN
PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, OR JAPAN.

Breda, the Netherlands, 9  May 2012. Reference is made to the announcement by
Dockwise Ltd. ("Dockwise" or the "Company") earlier today, regarding the
Company's rights issue to part-finance the acquisition of Fairstar Heavy
Transport N.V.

In connection with the upcoming rights issue in Dockwise, subscription rights
will be issued to shareholders based on a record date position of 14 May 2012
(close of business). Accordingly, on 11 and 14 May 2012 (both days inclusive) it
will not be possible to convert the shares in Dockwise from Oslo Børs (Norway)
to NYSE Euronext Amsterdam (Netherlands) and vice-versa.

Cross border conversions of shares instructions in Dockwise between Oslo Børs
and NYSE Euronext Amsterdam with settlement date before and including 14 May,
2012 and not settled by 14 May 2012 , will be cancelled and must be re-
instructed with new settlement date from and including 15 May 2012.

Please note that cross-border conversions of the subscription rights (ISIN
NORWAY: BMG2786A1302  symbol DOCK/ ISIN NETHERLANDS: NL0010184826 symbol DOCKS)
is expected to be possible from 15 May 2012 until 29 May 2012 16:00 hours CET.
Further announcements to confirm this will be made in due course. Please see the
attached conversion forms. Conversion forms can also be downloaded from
www.nordea.no/dock.

For further information please contact:

Fons van Lith fons.van.lith(at)dockwise.com

Tel : +31 (0)6 51 314 952 or +31 (0)76 5484116

Nordea Bank Norge ASA issuerservices(at)nordea.com

ABN AMRO Bank N.V. listing.agency(at)nl.abnamro.com

 About Dockwise Ltd/Dockwise Group





Dockwise Ltd., a Bermuda incorporated company, 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 and
China with sales offices in Korea, Australia, Brazil, Russia, Singapore,
Malaysia, Mexico and Nigeria. The Dockwise Yacht Transport business unit is
headquartered in Fort Lauderdale and has an office in Genoa, Italy. The Dockwise
Shipping network is supported by a global network of agents.

To support all of its services to customers, the group also has three additional
engineering centers in Houston, Breda and Shanghai, manufactures specific motion
reduction equipment such as LMU (Leg Mating Units) and DMU (Deck Mating Units)
and owns a fleet of 19 purpose built, semi-submersible vessels.

Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on
NYSE Euronext Amsterdam under ticker DOCKW.

Important notices

This announcement has been issued by and is the sole responsibility of the
Company. This announcement is not a prospectus and does not constitute an offer
of shares or other securities in the Company. The offer to acquire securities
pursuant to the proposed Rights Issue will be made, and any investor should make
his investment decision, solely on the basis of the information that will be
contained in the prospectus to be made generally available in the Netherlands
and Norway in connection with the Rights Issue. When made generally available,
copies of the prospectus may be obtained, subject to restrictions under
applicable securities laws, at no cost through the website of the Company.

The distribution of this announcement and other information in connection with
the proposed Rights Issue may be restricted by law in certain jurisdictions.
Persons into whose possession this announcement or such other information should
come are required to inform themselves about and to observe any such
restrictions.

This announcement may not be used for, or in connection with, and does not
constitute, an offer of, or the solicitation of an offer to buy or subscribe
for, any securities to any person in Australia, Canada, Hong Kong, Japan, or the
United States or in any jurisdiction to whom or in which such offer or
solicitation is unlawful. The proposed Rights Issue will not be made in any
jurisdiction or in any circumstances in which such offer or solicitation would
be unlawful.

The securities referred to herein may not be offered, sold, taken up, exercised,
resold, renounced, transferred or delivered, directly or indirectly except
pursuant to an applicable exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act of 1933, as amended and
in compliance with any applicable securities laws of any state or jurisdiction
of the United States. Subject to certain exceptions, the securities referred to
herein may not be offered or sold in Australia, Canada or Japan or to, or for
the account or benefit of, any national, resident or citizen of Australia,
Canada or Japan. The offer and sale of the securities referred to herein has not
been and will not be registered under the Securities Act or under the applicable
securities laws of Australia, Canada, Hong Kong or Japan. 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 authorized 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.

The Company 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.

All investment is subject to risk. The value of the shares of the Company may
decrease as well as increase. Past performance is no guarantee of future
returns. Potential investors are advised to seek expert financial advice before
making any investment decision.

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





Non conversion instruction form to Euronext
Non conversion instruction form to OSE



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





This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Dockwise Ltd via Thomson Reuters ONE
[HUG#1610358]



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Dockwise Ltd : Dockwise's AGM approves rights issue to finance acquisition of Fairstar
Bereitgestellt von Benutzer: hugin
Datum: 09.05.2012 - 07:38 Uhr
Sprache: Deutsch
News-ID 1112447
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"Dockwise Ltd : Temporary closing of conversion program
"
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