TIDMOCN

RNS Number : 5883R

Ocean Wilsons Holdings Ld

15 June 2018

Ocean Wilsons Holdings Limited

Wilson Sons Limited: PSV Contract Negotiations

Our principal operating subsidiary, Wilson Sons Limited made the following announcement to the Brazilian and Luxembourg Stock Exchanges.

Wilson Sons Limited (B3: WSON33) ("Wilson Sons" or "Company") announces that its 50% joint venture Wilson Sons Ultratug Offshore ("WSUT") has signed a new contract with Fendercare for PSV Fragata. The vessel will provide logistics support for ship-to-ship crude oil transfers in Brazilian territorial waters for one year commencing in 3Q18, with client option to extend the contract for an equal period. The PSV will require modifications to be performed at Wilson Sons' shipyard in Guarujá (SP).

Enquiries

Company Contact

   Keith Middleton                                                                     +1 441 295 1309

Media

David Haggie

   Haggie Partners LLP                                                           +44 20 7562 4444

Cantor Fitzgerald Europe

Rick Thompson, David Foreman,

   Will Goode (Corporate Finance)                                         +44 20 7894 7000

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