Summons for Bondholders Meeting
Reference is made to previous Stock Exchange Notices, the
latest dated 5 March
2012 where the Bondholders and the Company agreed to extend
the maturity date
for the two bond loans from 5 March 2012 to 9 April 2012.
The Company has today
issued a summons for a Bondholders Meeting to be held on 11
April 2012. In the
summons the bondholders in the USD 37,956,000 Nexus
Floating Production Ltd
Residual Bond Issue Number one and the bondholders in the
USD 29,069,000 Nexus
Floating Production Ltd Residual Bond Issue number two are
requested to change
the maturity date for the two Bonds from 9 April 2012 to 31
May 2012. If the
proposal is not approved, the Board of Directors will have
to evaluate the
Company's options, of which one might be to issue a
call for an Extraordinary
General Meeting and propose for the Shareholders that a
process for "Members
Voluntary Liquidation" according to Singapore Law is
initiated. The Company will
by the end of such process cease to exist.
For further information, please contact
Anders Holm, CEO, aho@nexusfp.no, +47 90 60 50 72
Arild Bårdsen, CFO, aba@nexusfp.no, +47 92 66 75 90
This information is subject of the disclosure requirements
pursuant to section
5-12 of the Norwegian Securities Trading Act
distributed by | This press release was issued by Nexus Floating Production Ltd. and was initially posted at http://www.nexusfp.no/nexusweb/Templates/NewsPage____320.aspx . It was distributed, unedited and unaltered, by noodls on 2012-03-30 09:52:01 AM. The issuer is solely responsible for the accuracy of the information contained therein. |