Endur ASA

10/15/2021 | Press release | Distributed by Public on 10/15/2021 09:42

Endúr ASA – Amended Q2 / H1 2021 interim report

Reference is made to the stock exchange announcements by Endúr ASA (the "Company") on 11 October 2021 regarding the Endúr board of directors' resolution to amend the second quarter and first half 2021 interim accounts. Further reference is made to the stock exchange announcements on 31 August 2021 regarding (i) the second quarter and first half 2021 interim financial report, and (ii) the breach of the leverage ratio per 30 June 2021, under the Company's bond issue with ISIN NO0010935430, and the announcement on 10 September 2021 announcing that the Company had attained binding support from bondholders for a waiver of the covenant breach and a revised covenant schedule going forward. Enclosed hereto are the amended accounts for and per Q2 / H1 2021. The sole amendment to these accounts is comprised of the reclassification of the Company's bond loan from a non-current to a current liability per 30 June 2021. The reclassification is founded on an interpretation of IAS 1. Endúr expects that the bond loan will revert to being classified as a non-current liability in the Q3 2021 interim accounts. This stock exchange announcement was published by Lasse B. Kjelsås, CFO of Endúr ASA, on 15 October 2021 at 17.42 CEST. For further information, please contact Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772