Aker Horizons ASA Shares Distribution Announcement Details
Aker Horizons ASA Shares Distribution Announcement
Aker Horizons ASA has made a significant announcement regarding the distribution of shares. This communication is aimed at informing current shareholders of the company's decision to issue shares in AKHH as a dividend in-kind, providing one AKHH share for each share held of Aker Horizons ASA.
Details of the Dividend Shares Distribution
As part of this distribution, AKH HoldCo AS will acquire a total of 464,285,714 Dividend Shares. This action is an integral part of the company's strategy to enhance shareholder value and align interests with its stakeholders.
Distribution to Key Insiders
Notably, primary insiders of Aker Horizons ASA will also see their ownership interests adjusted. Specific allocations include:
Svein Oskar Stoknes, a board member, will receive 33,273 Dividend Shares;
Frode Strømø, the General Counsel, will be granted 17,428 Dividend Shares;
Kristoffer Dahlberg, serving as CFO, will receive 62 Dividend Shares.
Implications of Share Distribution
The shares distributed in AKHH correspond directly with the shares of Aker Horizons ASA. This action adheres to strict financial regulations, ensuring that all actions comply with market abuse regulations as outlined in Article 19 of EU Regulation 596/2014.
Investor Relations Contact
For further inquiries about this announcement, interested parties are encouraged to reach out to the Investor Relations department:
Jonas Gamre
Mobile: +47 97 11 82 92
Email: jonas.gamre@akerhorizons.com
Company Overview and Future Directions
Aker Horizons ASA continues to forge a path in the renewable energy sector, focusing on reducing carbon footprints while delivering sustainable solutions. The recent share distribution is part of a broader strategy aimed at enhancing financial flexibility and reinforcing shareholder trust in the company’s growth trajectory.
Media Inquiries
For media-related questions, the following contact is available:
Mats Ektvedt
Mobile: +47 41 42 33 28
Email: mats.ektvedt@corporatecommunications.no
Regulatory Compliance and Reporting
This announcement is compliant with Section 5-12 of the Norwegian Securities Trading Act and adheres to the guidelines set forth in the EU Market Abuse Regulation. The company emphasizes transparency and adherence to regulatory obligations.
Conclusion
The distribution of Dividend Shares marks a significant milestone for Aker Horizons ASA, reinforcing its commitment to shareholder value. As the company progresses, stakeholders can expect further communications detailing strategies that align with market demands and sustainable practices.
Frequently Asked Questions
What is the share distribution announced by Aker Horizons ASA?
The company is distributing shares in AKHH as a dividend in-kind to its shareholders, with specified amounts for key insiders.
How many Dividend Shares will AKH HoldCo AS receive?
AKH HoldCo AS will receive a total of 464,285,714 Dividend Shares as part of this distribution.
Who are the primary insiders involved in this distribution?
Insiders include Svein Oskar Stoknes, Frode Strømø, and Kristoffer Dahlberg, each receiving designated shares based on their positions.
What are the regulatory requirements for this announcement?
This distribution complies with the EU Market Abuse Regulation and the Norwegian Securities Trading Act.
How can investors get more information about this announcement?
Investors can contact Jonas Gamre from Investor Relations for further inquiries regarding this announcement.
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