Paratus Energy Services Plans Sale of Shares in Archer Limited

Overview of the Proposed Share Sale

On September 24, 2025, Paratus Energy Services Ltd (ticker: PLSV) made headlines with the announcement of a potential sale of shares in Archer Limited, a prominent oil services provider listed on the Euronext Oslo Børs with the ticker symbol ARCH. This move comes in light of Archer’s recent announcement regarding its own plans for a private placement of new common shares, indicating a dynamic shift in the financial landscape of both companies.

The proposed sale, referred to as the 'Secondary Sale', involves up to 21,583,826 common shares in Archer, which represents approximately 23.8% of the total outstanding shares currently in circulation. These shares are entirely owned by Paratus Energy's subsidiary, Paratus JU Newco Bermuda Limited. It is important to note that the actual selling price for these shares will be determined by a bookbuilding process that will take place concurrently with the Offering.

The Bookbuilding Process

Bookbuilding is a crucial part of the investment process where the demand for shares is gauged before the final offer price is set. The outcome of the Secondary Sale hinges on this process; Paratus reserves the right to scale down the number of shares offered or even withhold from selling any if the conditions aren't favorable. The results will be officially shared at the conclusion of the Offering, which will provide clarity on the impact of market conditions and investor interest.

Advisors Involved

To manage this complex offering, Paratus has enlisted the expertise of joint bookrunners, namely Arctic Securities AS, DNB Carnegie, Pareto Securities AS, and SB1 Markets AS. Their role is pivotal in facilitating the sale smoothly and ensuring that the transactions adhere to regulatory standards. Furthermore, Advokatfirmaet Schjødt AS is acting as Paratus's legal advisor, ensuring compliance throughout the sale process.

Regulatory Considerations

It is worth noting that this announcement comes with significant regulatory considerations. The release is not to be distributed or published in jurisdictions where such actions would contravene local laws, including Australia, Canada, Hong Kong, Japan, and the United States. The securities discussed here have not been registered under the U.S. Securities Act of 1933, which places restrictions on their sale and distribution in the United States.

Implications for Investors

The announcement and subsequent actions could greatly influence the market positioning of both Paratus and Archer. As an investment holding company, Paratus's stake in Archer is a critical part of its portfolio, which also includes partnerships in offshore energy ventures, such as Fontis Energy and Seagems. The extraction of liquidity through the Secondary Sale may provide Paratus with additional capital to invest in other strategic opportunities or to strengthen their existing operations.

Future Outlook

Moving forward, stakeholders will be keeping a close eye on how the bookbuilding unfolds and the ultimate success of the sale of shares. Market analysts speculate that a successful offering could enhance Archer's operational capabilities and contribute positively to its financial health, while also reinforcing Paratus's strategic investments. Both companies stand at the cusp of potentially significant opportunities, dictated largely by the forthcoming decisions regarding this share sale.

For those interested in further developments, further communication is expected imminently, detailing the outcome of the bookbuilding and the specifics surrounding the sale. Investors and market watchers should prepare for potential fluctuations as these changes unfold in the energy sector.

For more information, interested parties can reach out to:

- Robert Jensen, CEO: [email protected], +47 958 26 729
- Baton Haxhimehmedi, CFO: [email protected], +47 406 39 083