BRIEF-SBM Offshore settles for accusations against CEO and member of supervisory board

lunes 25 de enero de 2016 02:10 GYT

Jan 25 (Reuters) - SBM Offshore NV :

* Messrs. Chabas and Hepkema and management and supervisory boards have considered Public Prosecutor's proposal for an out-of-court settlement and decided to accept it

* This results in payment of 250.000 Brazilian reals (approximately US$ 60,000) each, which company will pay

* Emphasizes that this settlement does not involve an admission of guilt and remains of opinion that accusations are without merit

* Supervisory board of company affirms its earlier statement of support of Messrs. Chabas and Hepkema

* Settlement with public prosecutor reached on January 22, 2016 is subject to confirmation by judge handling case Source text for Eikon: Further company coverage: (Gdynia Newsroom)