Funds managed by Hayfin Capital Management LLP have sold in aggregate 64,701,756 shares in Northern Ocean Ltd. (“NOL” or the "Company"), representing approximately 21.33% of NOL's issued share capital and voting rights, following which funds managed by Hayfin Capital Management LLP do not own any shares in the Company. The relevant funds managed by Hayfin Capital Management include Hayfin Hostplus LP, Hayfin Special Opportunities Fund II LP, Hayfin Opal III LP, Hayfin Partners II LP, Hayfin SOF II Luxco 2 SARL, Hayfin Hostplus Luxco SARL, Hayfin Topaz LP and Hayfin Topaz Luxco 2 SARL.
This notification is made pursuant to Section 4-2 of the Norwegian Securities Trading Act.