Eidesvik Reach AS, a subsidiary of Eidesvik Offshore ASA ("Eidesvik" or the
"Company") whereas Eidesvik owns 50.1%, has entered into a Memorandum of
Agreement ("MoA") with an undisclosed buyer, for the sale of IMR vessel Viking
Reach. The transaction is expected to be completed early Q4 2026, subject to
customary conditions. Expected gain from the sale is approximately NOK 80
million.
"We are pleased to announce the sale of Viking Reach with a solid gain. Taking
advantage of a strong market for second-hand tonnage, Eidesvik secures a
substantial return on the investment. The sale fits with our strategic focus on
fleet renewal and high grading of vessels and confirms our ability to monetize
investments in the right circumstance", says CEO Helga Cotgrove.
Bømlo, 4 August 2026
Contacts:
CEO Helga Cotgrove (+47 907 35 246)
CFO Lars Tufteland Engelsen (+47 476 34 045)
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to the STA section 5-12. This stock exchange release was published by Lars
Tufteland Engelsen, CFO of Eidesvik Offshore ASA, on the time and date provided.
\, on the time and date provided.\