REM - NEW CEO

Åge Remøy has informed the Board of Directors that he intends to resign as CEO of Rem Offshore ASA as from May 1^st 2016. The Board of Directors has decided to appoint Arild Myrvoll to succeed Åge Remøy as CEO from this date. Arild Myrvoll was employed in 2007, and has since held the position as CFO of Rem Offshore ASA. Arild Myrvoll has also acted as a deputy to the CEO. Rem Offshore ASA will immediately commence the process of recruiting a new CFO.    

Contact information;

Peter D. Knudsen (Chairman of the Board of Directors) [phone]

Åge Remøy (CEO), [phone] / [phone]

Arild Myrvoll (CFO), [phone] / [phone]

 

Rem Offshore ASA is listed on Oslo Stock Exchange (OAAX) with the ticker REM. The company's offices are located in Fosnavaag. The fleet currently consists of 19 vessels, including 1 vessels under construction (2 OCV, 11 PSVs, 6 CSV). REM Offshore operates a new and modern fleet with an average age of ca 4,5 years and the company currently employs about 500 highly qualified workers. REM Offshore continuously strives to satisfy our customers' demands through improving our operations in line with "best operating practices" and with a continuous focus on health, safety, environment and quality. 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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Source: REM Offshore ASA via Globenewswire

HUG#1982721