Odfjell Captial to Own Outstanding Shares of Odfjell Companies
The deadline for the shareholders to apply to the Supreme Court of Bermuda to appraise the value of the shares in the Company has now lapsed, and no shareholders have made such application. Thus, the 440,983 shares not already owned by the Purchasers will today be transferred to Odfjell Capital (Bermuda) Ltd. The offered price of NOK 20.00 per share will be paid to the minority shareholders on 29 December 2008. The minority shareholders will receive a notice from the Norwegian Central Securities Depository (Norw.: Verdipapirsentralen) or their registrar stating that their shares in the Company has been transferred to Odfjell Capital (Bermuda) Ltd.
Manages 19 Offshore Rigs
- Odfjell Secures New Well Services Contracts (Sep 10)
- Odfjell Offshore Raising up to $500M to Develop Fleet (Mar 12)
- Odfjell Lands Record Breaking Deal with BP (Jan 11)