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2016-02-23

Solvang : Sale of share in shipholding company

Solvang ASA has agreed to sell 37,5% of its ownership share in Partrederiet
Clipper Sirius DA. New ownership share in the company will be 18,75%. The
sale will generate a profit of approximately USD 2.9 million in the accounts
for second quarter 2016.

Stavanger 23rd of February 2016
Solvang ASA

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Solvang via Globenewswire

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