12
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04
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2021
Notice for Extraordinary General Meeting of Shareholders
Siem Offshore Inc (the"Company") advises that an Extraordinary General Meeting of Shareholders will be held on 29 April to consider a proposal to increase the Company’s authorized share capital and to approve an 100:1 reversed split of its shares.
The increase in share capital is required to implement the Company’s ongoing restructuring. The Company has made good progress in the structuring and is targeting a closing shortly after the Extraordinary General Meeting has been held. A successful closing is dependent on a final approval from Brazilian Creditors.
The EGM notice and attachments are enclosed.
For further information, please contact:
Dagfinn B. Lie
Chief Financial Officer Siem Offshore Inc.