3 October 2016

Bergen Group ASA – update on the ongoing restructuring process

As previously announced in connection with the disclosure of Q2 2016 interim report, Bergen Group ASA is about to finalize a voluntary debt restructuring of 50 %.

The debt restructuring is mainly relate to commitments incurred by the Group before summer of 2015, either directly or through parent company guarantees issued to subsidiaries without operational activity.

The voluntary debt restructuring is included in an ongoing process with creditors and sources of capital to put in place an adequate liquidity and a more robust financial situation of the Group.

For further information, please contact:
CFO Nils Hoff, phone +47 930 92 346