Lysaker, 3 May 2021
Reference is made to the stock exchange announcement by Axxis Geo Solutions ASA
("Axxis" or the "Company") on 29 April 2021 concerning the approval by the
required majority of Axxis' creditors of the reconstruction proposal. The
District Court of Asker and Bærum has today decided to confirm the
reconstruction proposal. The decision by the District Court of Asker and Bærum
is subject to an appeal period, which expires 3 June 2021, and will become
legally binding thereafter (subject to no appeals made).
For further information, please contact:
Nina Skage, member of the Board of Directors,
+47 915 38 890
Ronny Bøhn, CEO,
+47 905 58 517
Nils Haugestad, CFO,
+47 977 04 439
Axxis Geo Solutions (Axxis) is a pure-play ocean bottom node seismic company
uniquely positioned to pursue both contract and multi-client seismic. Axxis
specializes on delivering tailored seismic solutions and flexible project
management and execution to oil and gas companies world-wide. Its operations are
based on a scalable asset-light setup through chartering of vessels and nodes to
complete seismic surveys. Axxis is listed on EURONEXT EXPAND OSLO and traded
under the ticker Axxis.
More information on www.axxisgeo.com.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.
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© Oslo Bors ASA, source Oslo Stock Exchange