Solstad Maritime Successfully Listed on Euronext Oslo Børs with Market Capitalisation of NOK 10.5 Billion

Caption: Lars Peder Solstad, CEO of Solstad Maritime rang the bell during a ceremony this morning to celebrate Solstad Maritime’s first day of trading on Euronext Oslo Børs. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs (Photo: Thomas Brun | NTB).

(IN BRIEF) Solstad Maritime was listed on Euronext Oslo Børs today, marking the ninth listing on Euronext in 2025. The company, part of the Solstad Group, has a market capitalisation of NOK 10.5 billion. With 32 vessels serving the global energy markets and offices in five countries, Solstad Maritime is committed to delivering shareholder value. The company did not raise additional capital as part of the listing.

(PRESS RELEASE) OSLO, 16-May-2025 — /EuropaWire/ — Solstad Maritime, a leading shipping company, was officially listed today on Euronext Oslo Børs, marking the ninth listing on Euronext markets in 2025 and the second in Oslo. The company’s market capitalisation at the time of listing stood at approximately NOK 10.5 billion.

Solstad Maritime is part of the Solstad Group, which also includes Solstad Offshore ASA. Established in January 2024 as part of the Solstad Group’s refinancing, Solstad Maritime owns 32 vessels that provide specialised offshore tonnage to the global energy markets. Headquartered in Skudeneshavn, Norway, the company has around 1,500 employees and operates offices in five countries.

The opening price of Solstad Maritime shares was NOK 22.6 per share. The company did not raise any additional capital through the listing.

“We are delighted with the successful listing of Solstad Maritime on Euronext Oslo Børs,” said Lars Peder Solstad, CEO of Solstad Maritime. “This milestone represents a significant step forward in fulfilling our commitment to creating value for our shareholders. Following our refinancing in early 2024, we had committed to a listing within 12 months, and today we are proud to deliver on that promise.”

About Solstad Maritime ASA

Solstad Maritime completed a refinancing in early 2024 that saw the establishment of a separate shareholder structure from Solstad Offshore. The company is a leading provider of specialised offshore tonnage to the global energy markets. Solstad Maritime ASA has 32 vessels and approximately 1500 employees. The company has a worldwide operation, with particular focus on Europe, South America, Australia, Asia Pacific, and Africa.

About Euronext
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,800 listed issuers with around €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

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Disclaimer
This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at
www.euronext.com/terms-use.

MEDIA
mediateam@euronext.com

Norway
Cathrine Lorvik Segerlund
+47 41 69 59 10

SOURCE: Euronext N.V.

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