Fincantieri Oil & Gas extends the exit offer by for the remaining Vard shares

FINCANTIERI S.p.A. announces that, in relation to the exit offer ("Offer") by its subsidiary Fincantieri Oil & Gas S.p.A. ("Fincantieri O&G") for all the issued ordinary shares in the capital of Vard Holdings Limited ("Vard") other than those already owned, controlled or agreed to be acquired by Fincantieri O&G, its related corporations and their respective nominees, the closing date for the Offer is extended from 5.30 p.m. (Singapore time) on 8 August 2018 to 5.30 p.m. (Singapore time) on 24 August 2018, or such later date(s) as may be announced from time to time by or on behalf of Fincantieri O&G.