SpareBank 1 SMN : Notification of large trade

In connection with settlement of outstanding accounts between SpareBank 1 SMN and Guarantee Institute for Export Credits (GIEK), SpareBank 1 SMN has transferred 3,806,952 shares at a price of 0.24 Norwegian kroner in Havila Shipping ASA, to GIEK. At the same time, SpareBank 1 SMN has exercised warrants and awarded 22,190,508 shares in Havila Shipping ASA. After this, SpareBank 1 SMN holds a total of 63,565,103 shares, corresponding to 4,98 % of the share capital of the company.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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: SpareBank 1 SMN via GlobeNewswire