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Deep Sea Supply (OSL:DESSC) Hemen Holding Ltd has extended three different TRS agreements that expires September 15. The TRS agreements have exposure to 3,100,000 underlying shares in Deep Sea Supply. New expiry date is October 15, 2008, and new TRS price is NOK 16,516.
Hemen Holding`s ownership in Deep Sea Supply Plc following this transaction remains unchanged with 44,583,853 shares, constituting 34,3% ownership in the company. In addition, Hemen Holding's exposure through TRS agreements also remains unchanged, with exposure to a total of 4,100,000 underlying shares in Deep Sea Supply Plc.
