SBX: Disclosure of large shareholding - Seabird Exploration PLC - SBX

"Perestroika AS has today sold 5 000 shares in Seabird 
Exploration PLC (SBX) at price 5,0147 kr.  After this 
transaction Perestroika holds  457 222 shares in SBX 
representing 14,91 % of the outstanding shares according to 
Norwegian regulation. 
 
Further, Perestroika holds warrants that entitles 
Perestroika to subscribe for 190 000 shares.
 
"With reference to the Financial restructuring of Seabird 
Exploration Plc (SBX), Perestroika AS also holds USD 2 982 
449 in SBX04B that is expected to be converted into 4  071  
395 shares, if all the conditions in the General Meeting 
held 13 th June 2017 are met.  After today's disposal, 
Perestroika therefore holds (4 071 395 + 457 222 + 190 000) 
4 718 617 shares, corresponding to 8,21 % of the outstanding 
shares after the  restructuring process is completed."