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Norwegian's reconstruction plan approved

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Norwegian's reconstruction plan approved

Reference is made to the stock exchange announcements of Norwegian Air Shuttle ASA (the “Company” or “NAS”) dated 26 March 2021 and 12 April 2021 regarding the approval of the proposals for a scheme of arrangement for an exit of the examinership process and the reconstruction process as further described in the stock exchange announcement dated 11 March 2021 (the “Restructuring Proposal”) by the High Court of Ireland and Oslo Byfogdembete respectively.

At the expiry of the appeal period no appeals have been filed and consequently the Reconstruction Plan is final and binding. The company is consequently determined to complete the reconstruction process on 26 May 2021. 

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