03.09.2010CALLING for EXTRAORDINARY GENERAL MEETING OF CECON ASA
Arendal, 3 September 2010
Notice is hereby given that the ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at the Cecon ASAs offices, Kystveien 226, 4841 Arendal, Norway on Friday 24th September 2010 at 2 P.M.
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03.09.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 3. September 2010
Cecon has today received an extension of grace period on interest payment.
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31.08.2010Changes to the Board of Directors
The Board of Cecon ASA has in accordance with the proposal from the Nomination Committee resolved to call an extraordinary shareholders meeting on 24 September 2010 for the purpose of electing Riulf Rustad and Pilippa Wright of the Foresight group as new board members and re-elect Arve Andersson, Anil Deshpande, Anne Lene Midtsem, Marianne Lie and Geir Tore Hjelle as board members. Sid Hynes will continue to advise the company with regard to issues in Canada as an independent advisor.
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27.08.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 27. August 2010
Cecon has today received an extension of grace period on interest payment.
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26.08.2010Consolidated Interim Financial Report Q2/30.06.2010
Cecon ASA presents its Consolidated Interim Financial Report for Second Quarter/First Half 2009.
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25.08.2010ANNOUNCEMENT OF TERMINATION OF LETTER OF INTENT
Date: 25 August 2010
Reference is made to the press release dated 27 July 2010 in relation to Cecon ASA (“Cecon” or the “Company”) entering into a letter of intent (the "LOI") with a reputable Norwegian investor (the “Investor”) in connection with a potential investment in Cecon of up to NOK 250 million. The potential investment was subject to several conditions including satisfactory due diligence, removal of parent company guarantee in relation to the USD 100 million bond loan (issued by vessel owning subsidiaries) and approval from shareholders and relevant financial creditors.
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20.08.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 20. August 2010
Cecon has today received an extension of grace period on interest payment.
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13.08.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 13. August 2010
Cecon has today received an extension of grace period on interest payment.
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06.08.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 6. August 2010
Cecon has today received an extension of grace period on interest payment.
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04.08.2010MANDATORY NOTIFICATION OF TRADE
Arendal, 4. August 2010
Ocean1 AS, a company controlled by Odd A. Jørgensen, has today sold 100,000 (one hundred thousand) shares at an average price of NOK 0,90 per share.
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02.08.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 2. August 2010
Cecon has today received an extension of grace period on interest payment.
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27.07.2010Cecon ASA enters into Letter of Intent with potential investor
CECON ASA – ANNOUNCEMENT OF LETTER OF INTENT
Date: 27 July 2010
On 27 July 2010, Cecon ASA (“Cecon” or the “Company”) entered into a letter of intent (the "LOI") with a reputable Norwegian investor (the “Investor”) in relation to a potential investment in Cecon of up to NOK 250 million. The potential investment is subject to several conditions including, but not limited to, satisfactory due diligence, removal of parent company guarantee in relation to the USD 100 million bond loan (issued by vessel owning subsidiaries) and approval from shareholders and relevant financial creditors. Furthermore, a potential investment in Cecon is assumed to be made on the basis that there is no financial indebtedness at the Cecon level, which is likely to require that the USD 10 million bond loan issued by Cecon will have to be converted into equity. Discussions with relevant stakeholders in relation to a potential solution will commence shortly.
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26.07.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 26. July 2010
Cecon has today received an extension of grace period on interest payment.
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12.07.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 12. July 2010
Cecon has today received an extension of grace period on interest payment.
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02.07.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 01. July 2010
Cecon has today received an extension of grace period on interest payment.
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28.06.2010Annual General Meeting in Cecon ASA
Cecon ASA held Monday, June 28th 2010 at 02.00 P.M. the Annual General Meeting.
Please find attached the signed Minutes of General Meeting including register of number of represented shares at the meeting.
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24.06.2010Extension of Grace period on interest on USD 100 million Bond loan
Arendal, 24.june 2010
Cecon has today received an extension of grace period on interest payment.
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18.06.2010Extension of grace period in relation to USD 100m bond issue
Arendal, 18.june 2010
Cecon has today received an extension of the grace period until 24 June 2010 in relation to interest payment that was due on 4 May 2010.
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07.06.2010ORDINARY GENERAL MEETING OF CECON ASA
Arendal, 7 june 2010
Notice is hereby given that the ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at the Cecon ASA's offices, Kystveien 226, 4841 Arendal, Norway on Monday 28th June 2010 at 2 P.M.
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03.06.2010Extension of grace period in relation to USD 100m bond issue
Arendal, 3.june 2010
Cecon has today received an extension of the grace period until 8 June 2010 in relation to interest payment that was due on 4 May 2010.
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01.06.2010Consolidated Interim Financial Report Q1 2010
Cecon ASA is pleased to present its Consolidated Interim Financial Report for
First Quarter 2010.
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28.05.2010Extension of grace period in relation to USD 100m bond issue
Arendal, 28.may 2010
Cecon has today received an extension of the grace period until 4 June 2010 in relation to interest payment that was due on 4 May 2010.
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25.05.2010Bondholders' meeting in the USD 10 mill bond issue approves extended maturity date and interest waiver
Arendal, 25.may 2010
Bondholders' meeting in the USD 10 mill bond issue has today agreed to extend the maturity date by 12 months and postpone interest payments until end of October 2010.
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25.05.2010Extension of grace period in relation to USD 100m bond issue
Arendal, 25.may 2010
Cecon has today received an extension of the grace period until 28 May 2010 in relation to interest payment that was due on 4 May 2010.
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21.05.2010Company Update
Arendal, 21.may 2010
Please see enclosed company update on the yard situation for the new-buildings
and the overall situation.
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21.05.2010Revised Financial Calendar
Arendal, 21.may 2010
Revised financial calendar 2010.
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18.05.2010Extension of Grace period on interest on USD 100 million Bond loan
Cecon has today received an extension of grace period on interest payment.
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07.05.2010Extension of Grace period on interest on USD 100 million Bond loan
Cecon has today received an extension of grace period on interest payment.
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03.05.2010New summons to bondholders' meeting in the USD 10 mill bond issue
On 21 April 2010, the company summoned to a bondholders' meeting scheduled for 6 May 2010 in the USD 10 mill bond issued by Cecon ("25% CECON ASA Secured Bond Issue 2009/2010"). Today, the company announced that this bondholders' meeting will be cancelled and that the company is calling for a new bondholders' meeting to be held on 21 May 2010. In the revised summons, the company proposes to extend the maturity date and certain other amendments. Bondholders representing approximately 95% of the bonds have confirmed their intention to vote in favour of the revised proposal. Please see attached summons for further details.
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03.05.2010Cancellation of bondholders' meeting in the USD 10 mill bond issue
Reference is made to the summons for a bondholders' meeting dated 21 April 2010, for a meeting to be held on 6 May 2010. This bondholders' meeting has been cancelled, and the company has called for a new bondholders' meeting to be held on 21 May 2010. Please see attached notice for further details.
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03.05.2010CECON ASA – ANNUAL ACCOUNTS 2009
Arendal, 30.april 2010
Cecon ASA herewith publishes its Annual Accounts 2009. In light of the on-going restructuring process at Davie Yards Inc (“Davie”), Cecon ASA (“Cecon” or the “Company”) would like to provide an update on the situation at Davie and recent events. Davie has indicated that delivery of Cecon’s three offshore vessels currently under construction at Davie is likely to be delayed and may result in increased costs. As further outlined in this update, Cecon has taken several steps to address potential implications for the Company and explore various alternatives.
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21.04.2010Summons to bondholders’ meeting
In relation to the USD 10 mill bond issued by Cecon ("25% CECON ASA Secured Bond Issue 2009/2010"), the company proposes to extended the maturity date and certain other amendments.
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29.03.2010Revised Financial Calender
Please be informed that Cecon ASA has changed the date for the release of its
Annual accounts 2009 from April 21st to April 30th.
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26.03.2010Cancelling of Repair Offering
Arendal, 26. March 2010
On 22 January 2010 the shareholders resolved to complete a repair offering to all shareholders not invited to participate in the private placement completed in December 2009, in accordance with the proposal from the board of directors (the "Resolution").
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15.03.2010Cecon to launch assessment of its newbuilding program at Davie Yards
Arendal, 15. March 2010
Davie Yards Inc. (Lauzon, Quebec) recently sought protection under the Canadian Companies’ Credit Arrangement Act (CCAA) from creditors. Cecon ASA, Davie’s largest customer, has initiated a rapid and detailed assessment of the performance on Cecon’s three vessels under construction at the Davie yard. The assessment will commence immediately on approval by Davie’s Board of Directors.
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01.03.2010Consolidated Interim Financial Report Q4 2009
Arendal, 28. February 2010
Cecon ASA is pleased to present its Consolidated Financial Report for Fourth Quarter 2009.
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26.02.2010Cecon ASA – Davie Yard announces filing for creditor protection
Arendal, 26 February 2010
On February 25, 2010 Davie Yards announced that the yard has filed for creditor protection under the Canadian Companies' Creditors Arrangement Act (“CCAA”) with the Québec Superior Court. The yard announced that the Board of Directors has determined to seek court protection under the CCAA in order to allow Davie to work on a new plan to secure additional financing and complete its projects currently under contract. The full press release is found on www.davie.ca.
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23.02.2010Update of Financial Calender.
Cecon ASA has changed the date for releasing the fourth quarter 2009 interim financial statements from February 25, 2010 to February 28, 2010.
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22.01.2010Extraordinary General Meeting in Cecon ASA
Arendal, 22 January 2010
Cecon ASA held Friday, January 22nd 2010 at 2 P.M. an Extraordinary General Meeting.
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12.01.2010Cecon ASA financial calendar 2010
See attached financial calendar for 2010.
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23.12.2009CALLING OF EXTRAORDINARY GENERAL MEETING OF CECON ASA
Arendal, 23.12.2009
Notice is hereby given that an extra ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at Cecon ASA’s premises in Kystveien 226, 4841 Arendal, Norway, on Friday 22nd January 2010 at 2.00 P.M.
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11.12.2009ALLOCATION OF SHARES TO INSIDERS
Arendal, 11 December 2009:
Reference is made to the stock exchange release dated 11 December 2009 regarding the successful completion of a private placement in Cecon. In connection with the placement, the following insiders have been allocated shares:
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11.12.2009SHARE ISSUE COMPLETED
Arendal, 11 December 2009
Reference is made to the stock exchange release dated 10 December 2009 regarding the contemplated Private Placement of new shares in the Company.
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10.12.2009CONTEMPLATED SHARE ISSUE
Arendal, 10 December 2009
Cecon ASA ("Cecon" or the "Company" - OAX: CECON),has retained Pareto Securities AS and First Securities AS (the " Managers") to advice on and effect a potential private placement of up to 15,233,200 shares with gross proceeds in the amount of around NOK 60 million directed towards large existing shareholders in the Company, Norwegian investors and to international institutional investors outside such jurisdictions as permitted or catered for by exemption rules under applicable securities laws (the "Private Placement").
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02.12.2009Cecon ASA, 5+5 year time charter letter of intent signed with Expro Group for Well Intervention work for Cecon's first newbuild vessel.
Arendal, 2 December 2009
Expro AX-S Technology Limited (Expro), a subsidiary of Expro International Group Holding (UK), has signed a Letter of Intent with Cecon ASA to agree, subject to contract, a 5+5 year charter of its first newbuild VS4220 vessel to be used as a work platform for Expro's state-of-the-art Subsea Well Intervention system AX-S(TM).
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25.11.2009Consolidated Interim Financial Report Q3 2009
Arendal, 25. November 2009
Cecon ASA is pleased to present its Consolidated Interim Financial Report for Third Quarter 2009.
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04.11.2009Cecon repays shareholder liquidity loan
Arendal, 4 November 2009
With reference to the release dated October 13, in which Cecon ASA (“Cecon” or the “Company”) announced it had entered into an agreement with leading shareholders for a USD 6 million liquidity loan, (the “Loan”) the Company hereby announces that it will repay the Loan in full on Nov 5th 2009. The repayment means that there will be no conversion of any part of the loan into new shares in the company.
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13.10.2009Shareholder liquidity loan
Arendal, 13 October 2009
Cecon ASA (“Cecon” or the “Company”) has today entered into an agreement with leading shareholders representing more than 50% of the outstanding shares in the Company who will underwrite a USD 6 million liquidity loan to the Company (the “Loan”).
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02.09.2009Company Presentation
Arendal, 2 September 2009
Download Company Presentation
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27.08.2009Consolidated Interim Financial Report Q2/30.06.2009
Cecon ASA is pleased to present its Consolidated Interim Financial Report for Second Quarter/First Half 2009.
Read more...
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27.08.2009Extraordinary General Meeting in Cecon ASA
Arendal, 27 August 2009
Cecon ASA held Thursday, August 27th 2009 at 10.00 A.M. an Extraordinary General Meeting.
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20.08.2009Share capital increase
On 12 June 2009 Cecon ASA announced an agreement with Foresight Limited of UK (“Foresight”) of acquirement of 7,616,600 shares, or 10% of the current outstanding number of shares in the Company, issued under the board’s authority, at NOK 2.10/share.
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13.08.2009EXTRA ORDINARY GENERAL MEETING OF CECON ASA
Notice is hereby given that an extra ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at Pareto, Dronning Mauds gate 3, N-0115 Oslo, Norway, on Thursday 27th August 2009 at 10.00 A.M.
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18.06.2009Revised Financial Calendar 2009
See attached PDF for the revised financial calendar.
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16.06.2009Cecon ASA payment of bond interest.
16 June 2009
Cecon ASA and subsidiaries (“Cecon or the “Company”) has today paid all due and outstanding interest on the 11.0% Senior Secured Callable and Putable Bond Issue 2007/2012. The interest payment will be distributed to the bondholders on 18 June 2009.
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12.06.2009Annual General Meeting in Cecon ASA
Cecon ASA held Friday, June 12th 2008 at 12.00 A.M. the Annual General Meeting.
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12.06.2009Cecon raises USDm 6.5 from Foresight Limited
Arendal, 12 June 2009. Cecon ASA (“Cecon” or the “Company”) today announces it has agreed with Foresight Limited of UK (“Foresight”) that Foresight introduced interests will acquire 7,616,600 shares, or 10% of the current outstanding number of shares in the Company, to be issued under the board’s authority, at NOK 2.10/share as well as USD 4.0 million of the Company’s USDm 10 2009/2010 bond currently held by the Company. Total proceeds will amount to approximately USDm 6.5, and will be used to repay outstanding interest due on the USDm 2007/2012 bond.
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28.05.2009Consolidated Interim Financial Report Q1 2009
Cecon ASA is pleased to present its Consolidated Interim Financial Report for First Quarter 2009.
Read more...
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28.05.2009Bondholders meeting
Arendal, 28 May 2009: Cecon ASA ("Cecon") has today distributed a bondholders meeting summons to request a waiver for payment of remaining outstanding interest on Cecon’s Bond Loan Agreement for the 11.0 per cent Cecon ASA Senior Secured Callable and Putable Bond Issue 2007/2012. Security for the outstanding amount will be established.
The 5 May coupon including additional interest according to previous agreement was paid 11 May within the grace period.
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27.05.2009ORDINARY GENERAL MEETING OF CECON ASA
Notice is hereby given that the ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at the Cecon ASA's offices, Kystveien 226, 4841 Arendal, Norway on Friday 12th June 2009 at 12 A.M.
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20.05.2009MANDATORY NOTIFICATION OF TRADE
Ocean1 AS, a company controlled by Odd A. Jørgensen, acquired today, 20th May 2009, 350,000 (three hundred and fifty thousand) shares in Cecon ASA.
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15.05.2009Revised Financial Calendar 2009
See attached PDF for the revised financial calendar.
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13.05.2009MANDATORY NOTIFICATION OF TRADE
ArvAnder AS, a company controlled by Arve Andersson, acquired today, 12th May 2009, 100.000 (one hundred thousand) shares in Cecon ASA.
Read more...
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05.05.2009Mandatory Notification of Trade
ArvAnder AS, a company controlled by Arve Andersson, acquired today, 4th May 2009, 30.000 (thirty thousand) shares in Cecon ASA.
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30.04.2009Annual Account 2008
Cecon ASA has today published the Annual Report and Annual Accounts for 2008 together with the auditor’s report.
The revised 2008 Q4 Financial Report is also published based on a revised classification of debt.
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30.04.2009MANDATORY NOTIFICATION OF TRADE
Ocean1 AS, a company controlled by Odd A. Jørgensen, acquired today, 30th April 2009, 134.000 (five hundred thousand) shares in Cecon ASA.
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28.04.2009MANDATORY NOTIFICATION OF TRADE
Ocean1 AS, a company controlled by Odd A. Jørgensen, acquired today, 28th April 2009, 500.000 (five hundred thousand) shares in Cecon ASA.
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28.04.2009Bondholders approve EDC financing
Arendal, 28 April 2009. With reference to the summons to the bondholders´ meeting in the 11.0% Senior Secured Callable and Putable Bond Issue 2007/2012 dated April 23, Cecon ASA (“Cecon” or the “Company”) wishes to inform that the bondholders´ meeting held yesterday approved the resolution with some modifications. See the enclosed Notice from Bondholders Meeting for details.
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24.04.2009Signed USDm 200 loan agreement with Export Development Canada
Arendal, 24 April 2009. Cecon ASA (“Cecon” or the “Company”) today announces that the company has received a signed loan agreement for a USDm 200 senior secured loan (the “Loan”) from Export Development Canada (“EDC”) for the financing of the company’s three newbuildings under construction at Davie Yards, Inc. (“Davie”).
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22.04.2009Changed date and time for the bondholders’ meeting
Arendal, April 22 2009. With reference to the stock exchange release dated April 15, and the enclosed bondholders meeting summons, Cecon ASA (“Cecon”) has today sent a new summons moving the bondholders’ meeting to Monday, April 27 2009 at 2pm.
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22.04.2009Davie Yards closing USDm 20 share issue, Cecon to take ownership stake in Davie
Arendal, April 22 2009. Cecon ASA (“Cecon” or the “Company”) today announces that it has been informed that Davie Yards has received binding subscriptions for USDm 20 in new equity. The equity issue is a condition precedent for EDC to allow Cecon to draw on the USDm 200 construction loan. According to prior agreements, Cecon had accepted to subscribe for up to USDm 10 in Davie equity, and Cecon has been informed that it will be allocated 122 million shares at CAD 0.10 per share for a total allocation of USDm 10.
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22.04.2009Cecon ASA financial calendar 2009
Revised financial calendar 2009
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15.04.2009Bondholders meeting
Arendal, 15 April 2009: Cecon ASA ("Cecon") has today distributed a bondholders meeting summons to request changes to Cecon’s Bond Loan Agreement for the 11.0 per cent Cecon ASA Senior Secured Callable and Putable Bond Issue 2007/2012.
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26.03.2009Cecon ASA confirm NOK 200 mill contract extension.
Cecon ASA confirms extension of current contract in Angola with an expected additional volume of approx NOK 200 mill.
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02.03.20092/03-2009: MANDATORY NOTIFICATION OF TRADE
On 27th February the following Primary Insiders acquired shares in Cecon ASA.
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26.02.2009Consolidated Financial Report Q4 2008
Cecon ASA is pleased to present its Consolidated Financial Report for Fourth Quarter 2008.
Read more...
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18.02.2009Cecon Interest payment Bond Loan.
Arendal, 18 February 2009
Cecon ASA ("Cecon") has today distributed a bondholders meeting summons to request a further extension of the waiver of the interest payment until 5 April 2009. This waiver is a direct consequence of yesterday’s announcement of the USDm 200 term sheet received by Cecon from Export Development Canada (“EDC”). Cecon and EDC are working with the aim to complete the loan documentation by the end of February/early March.
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17.02.2009Cecon receives term sheet for USD 200 million financing, agrees contract amendments with Davie Yards.
Date: 16th February 2008
Cecon ASA (“Cecon”) has received an indicative term sheet from Export Development Canada (“EDC”) for a USD 200 million senior secured credit facility for its newbuilding programme of three offshore construction vessels at Davie Yards Inc. The EDC financing in combination with estimated operating cash flow is expected to cover remaining yard instalments until delivery of the vessels. Following delivery, the loan contemplated by the term sheet will be converted to a 12-year senior secured term loan.
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30.01.2009Regarding interest payments on the bond loan
Read more...
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22.01.2009Cecon ASA financial calendar 2009
See financial calendar 2009
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20.01.2009Cancellation of senior secured credit facility – strategic review .
Date: 20th January 2008
Cecon ASA (“Cecon”) has received a notice of cancellation on its USD 200 million senior secured credit facility from the participating lenders and DnBNOR Bank ASA as agent.
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18.12.2008Cecon to receive refund guarantees from Davie yard Inc./Export Development Canada
Arendal, 18. December 2008. Cecon ASA (“Cecon” or the “Company”) on December 17 was informed that Export Development Canada (“EDC”) will grant refund guarantees towards all remaining pre-delivery installments for Cecon’s three new buildings at Davie Yards in Quebec, Canada. The refund guarantees related to Cecon amounts to approx. USDm 160.
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17.12.2008Update on interest payment on the Cecon bond loan
Arendal, 16. December 2008: Cecon ASA (“Cecon”) has today distributed a bondholders meeting summons to request a further extension of the waiver of the interest payment until February 5, 2009.
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10.12.2008Confirmation of new large Angola Contract.
Cecon ASA confirms that it has been awarded the first phase of a new contract for Angola Drilling Company. Contract involves installation of a new 10” rigid steel pipeline during second and third quarter 2009. This phase of the contract estimated to NOK 200 – 250 mill.
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09.12.2008Agreements Bergen Group – Davie Yards
Cecon ASA enters into a Heads of Agreement with Bergen Group ASA to secure delivery of Cecon’s vessels under construction at Davie Yards in Canada. The deal incentivizes Bergen Group to secure delivery of Cecon’s vessels according to the revised construction contract and delivery schedule, and represents an important step towards the refinancing of Davie Yards.
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25.11.2008Consolidated Interim Financial Report Q3 2008
Cecon ASA is pleased to present its Consolidated Interim Financial Report for Third Quarter 2008.
Read more...
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10.11.2008Ongoing strategic discussions
Arendal, November 10th, 2008: Cecon ASA confirms that it is engaged in discussions with an industrial investor regarding a potential investment in Cecon in conjunction with the refinancing of Davie Yards.
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05.11.2008Cecon Interest payment bondloan
Cecon ASA hereby wishes to notify bondholders that the semi-annual interest payment due on November 4th was not paid on the payment date, but is expected to be paid within a short time. The Company is in negotiations with Norsk Tillitsmann on the interest payment.
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22.09.2008Cecon ASA – Newbuildings at Davie Yards Inc., Agreement
Arendal, 22. September 2008
Cecon ASA (“Cecon”, or the “Company”) today announced that it has reached a preliminary understanding with Davie Yards Inc. (“Davie”) regarding the ongoing efforts to improve the yard’s capitalization and to ensure delivery of Cecon’s three vessels currently under construction.
Read more...
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10.09.2008Cecon received letter of intent for major West Africa project.
Cecon has received a letter of intent for a major Subsea Construction Contract in West Africa.
The work is expected to be completed during 1st half of 2009.
Read more...
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09.09.2008EXTRAORDINARY GENERAL MEETING - 09/09-2008
Reference is made to earlier stock exchange notices on calling for an extraordinary general meeting of Cecon ASA.
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03.09.20082/09-2008: MANDATORY NOTIFICATION OF TRADE
Sidney Joseph Hynes, St. Johns, NewFoundland, Canada. Deputy Chairman and board member of Cecon ASA acquired today, 2 September 2008, 6,000 shares in Cecon ASA at a price of NOK 12.50 per share.
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25.08.2008EXTRA ORDINARY GENERAL MEETING OF CECON ASA
Notice is hereby given that an extra ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at the Cecon ASA’s offices, Kystveien 226, 4841 Arendal, Norway on Tuesday 9th September 2008 at 11.00 A.M.
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25.08.2008Changes in board of directors of Cecon ASA
One of the company’s boardmembers Svein Sandvik resigned on August 7th 2008. He is CEO and part owner of the company which was the major shareholder of Cecon ASA. His resignation is related to this shareholder’s sale of all its shares in Cecon ASA.
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20.08.2008Consolidated Interim Financial Report Q2/30.06.2008
Cecon ASA is pleased to present its Consolidated Interim Financial Report for Second Quarter/First Half 2008.
Read more...
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22.05.2008Consolidated Interim Financial Report Q1 2008
Cecon ASA is pleased to present its Consolidated Interim Financial Report for first quarter 2008.
Read more...
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16.05.2008Annual General Meeting in Cecon ASA
Cecon ASA held Friday, May 16th 2008 at 2.00 P.M. the Annual General Meeting.
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05.05.2008ORDINARY GENERAL MEETING OF CECON ASA
Notice is hereby given that the ordinary general meeting of CECON ASA, organisation no. 938 803 595, will be held at the Cecon ASA’s offices, Kystveien 226, 4841 Arendal, Norway on Friday 16 May 2008 at 02.00 P.M.
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29.04.2008MANDATORY NOTIFICATION OF TRADE
Tellship AS, a company controlled by Cecon CEO Terje P. Tellefsen acquired today, 29th April 2008, 20.000 (twenty thousand) shares in Cecon ASA at a price of NOK 12,50 per share.
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28.04.2008Cecon awarded new StatoilHydro contract
Cecon has been awarded a new contract from StatoilHydro for installation of Temporary Loading System on the Kristin Field in the Norwegian sector.
Read more...
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25.04.2008Cecon ASA - Consolidated Financial Statements 2007
Cecon ASA releases Consolidated Financial Statements 2007
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22.04.2008Cecon ASA Shareprice relative to Norwegian taxation pr Dec. 31st 2007.
Due to an error in the Tax authorities shareholder register (file) in 2006, the correct share price as per year end 2007 has not been automatically transferred to the tax declaration for individuals owning shares in the company.
The average correct share price is NOK 13,20, and the 85% regulation for companies traded on Oslo Axess gives an assessment value on NOK 11,22 pr share.
This information is only applicable for shares owned and taxed in Norway
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19.03.2008Cecon ASA financial calendar 2008
See financial calendar 2008
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05.03.2008Cecon ASA places NOK 38 mill contract for Major Pipelaying Equipment
Cecon has placed a NOK 38 million contract for major Pipelaying Equipment including a 200t Tensioner from SAS in Gouda, Holland for delivery 1Q/09.
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27.02.2008CECON ASA - Consolidated Financial Report Q4 2007
Cecon ASA is pleased to present its Consolidated Financial Report for fourth quarter 2007. Revenues are presented at NOK 35.895 mill compared to NOK 9.113 mill in Q4 2006. Operating profit are presented to be NOK 3.854 mill compared to NOK 1.598 mill in Q4 2006.
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