Aker ASA has on 10 December 2015 transferred its equity holding in Ocean Yield ASA to Aker Capital AS, a wholly-owned subsidiary of Aker.
The purpose of the restructuring is to streamline and simplify Aker's holding structure, as previously stated in Aker ASA's stock exchange notice dated 1 October 2015. As this is an internal restructuring within Aker ASA and holding companies, it will have no effect on the combined Aker ASA and holding companies' financial accounts.
The purpose of the restructuring is to streamline and simplify Aker's holding structure, as previously stated in Aker ASA's stock exchange notice dated 1 October 2015. As this is an internal restructuring within Aker ASA and holding companies, it will have no effect on the combined Aker ASA and holding companies' financial accounts.
As per 10 December 2015, Aker ASA directly held 98 242 575 of the issued shares and votes in Ocean Yield ASA, or 72.97 per cent of the share capital.
Oslo Stock Exchange has on 30 September 2015, pursuant to section 6-2 (3) of the Securities Trading Act, granted an exemption from the mandatory offer obligation with respect to Aker Capital AS' acquisition of shares in Ocean Yield ASA.
END
For further information, please contact:
Investors:
Marianne Stigset, Head of Investor Relations
Phone: +47 24 13 00 66
Mobile: +47 41 18 84 82
Investors:
Marianne Stigset, Head of Investor Relations
Phone: +47 24 13 00 66
Mobile: +47 41 18 84 82
Media:
Atle Kigen, Head of Corporate Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.