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06/11/2021 | News release | Distributed by Public on 06/11/2021 05:26

Dividend to creditors affected by the financial restructuring

News - 11 June 2021 12:06

Dividend to creditors affected by the financial restructuring

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: