Aker ASA Now Holds 6% Share in Aker Solutions

November 27, 2013

Aker ASA has acquired 16,440,000 shares in Aker Solutions ASA at a price of NOK 115 per share. The shares were acquired after close of markets yesterday through an accelerated book-building process managed by ABG Sundal Collier Norge ASA and Arctic Securities ASA.

Aker ASA now holds directly 16,440,000 shares (approximately 6% of the share capital) in Aker Solutions ASA. As a consequence of the transaction Aker ASA has passed the threshold of 5% of the outstanding share capital in Aker Solutions ASA. Aker ASA also owns 70% of the shares in Aker Kvaerner Holding AS, which in turn owns 110,333,615 shares, representing 40.3% of the outstanding shares in Aker Solutions ASA.

Aker ASA has reduced its financial exposure in the TRS agreement disclosed November 1, 2013 from 1,500,000 shares to 891,762 shares.

This information is subject to the disclosure requirements according to section 4-2 (second paragraph) and 4-3 of the Norwegian Securities Trading Act.
 

Logistics News

AD Ports Trial Operations Begin at Noatum Ports - Safaga Terminal in Egypt

AD Ports Trial Operations Begin at Noatum Ports - Safaga Terminal in Egypt

Hamworthy is Back as Independent Company

Hamworthy is Back as Independent Company

New Zealand selects two LNG terminal bidders for energy security

New Zealand selects two LNG terminal bidders for energy security

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Subscribe for Maritime Logistics Professional E‑News

Emirates won't cut flights in the Middle East despite pressures
India's ship certification authority takes a tougher stand on sanctioned oil tankers
Alberta's cheap natural gas is at odds with Canada’s clean energy goals