Norwegian Air Shuttle ASA

06/11/2021 | Press release | Distributed by Public on 06/11/2021 00:00

Norwegian Air Shuttle ASA (NAS) – Dividend to creditors affected by the financial restructuring

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS STOCK EXCHANGE ANNOUNCEMENT. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the stock exchange announcements of 26 May 2021 regarding the exit from the Irish examinership (the 'Examinership') and Norwegian reconstruction (the 'Reconstruction') processes for the Company and certain of its related Irish companies and the implementation of the proposed schemes of arrangement related to the Examinership and a restructuring plan related to the Reconstruction (as further set out therein and together the 'Restructuring Proposal'). Pursuant to the Restructuring Proposal certain creditors of the Company are entitled to receive a dividend in respect of any valid claim towards Norwegian. Such dividend will consist of a cash element and a dividend claim element (together the 'Dividend') and be delivered in full and final satisfaction of such creditors' original claims. The Company has implemented an online portal related to the Dividends where relevant creditors may log in to provide bank account details required for any payments in respect of the respective creditor's Dividend, obtain information about their Dividend and otherwise make certain elections with respect to their Dividend (such portal, the 'Dividend Portal'). All creditors entitled to a Dividend should receive an email with a 'Claim Reference Code' required to log in on the Dividend Portal. If you are a relevant creditor and have not received an email with this information within 23 June 2021, please click the below link and follow the instructions therein for requesting a 'Claim Reference Code'. Note that certain selections will need to be made in the Dividend Portal by no later than 22 July 2021. After such date certain selections will no longer be available. The Dividend Platform can be accessed by clicking the following link: https://dividends.norwegian.com/ Fornebu, 11 June 2021 Norwegian Air Shuttle ASA IMPORTANT INFORMATION This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1, and was prepared by Tore Østby, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 995 46 400. The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia). It is issued for information purposes only and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'US Securities Act'). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the US Securities Act. The distribution of this release may in certain jurisdictions be restricted by law. Persons into whose possession this release comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Forward-looking statements: This release and any materials distributed in connection with this release may contain certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the Company's current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. No assurance can be given that such expectations will prove to have been correct. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.