Aker Horizons ASA Details Major Share Capital Reduction Success

Aker Horizons ASA Announces Completion of Share Capital Reduction
Aker Horizons ASA recently completed a significant share capital reduction, marking a pivotal moment in the company’s financial restructuring journey. This strategic initiative is expected to enhance shareholder value by adjusting the nominal value of its shares.
Details of the Share Capital Reduction
On June 6, an extraordinary general meeting convened to deliberate on the reduction of the company's share capital, which was finalized to decrease from NOK 690,348,751 to NOK 6,903,487.51. This deliberation resulted in a decision to lower the nominal value of each share, shifting from NOK 1 to NOK 0.01.
Key Dates and Registration
The notice period for creditors pertaining to this capital reduction concluded on July 22. Following this period, on August 22, the new share capital was officially registered with the Norwegian Register of Business Enterprises.
Impact on Share Structure
As a direct outcome of this capital reduction, Aker Horizons ASA now has a revised share capital amounting to NOK 6,903,487.51, distributed across 690,348,751 shares. Each of these shares now holds a nominal value of NOK 0.01, signifying a substantial adjustment aimed at fostering a more attractive investment framework for shareholders.
Enhancing Transparency and Investor Communication
Aker Horizons ASA is committed to maintaining transparency in its operations and financial adjustments. Jonas Gamre from the Investor Relations team is available for further inquiries, offering direct communication through his mobile number. This attentiveness underlines the company’s dedication to its shareholders and stakeholders.
Addressing Market Expectations
The registration of this share capital reduction aligns with Aker Horizons ASA’s ongoing strategy to optimize its capital structure, create value for investors, and respond to the dynamic market landscape. The firm’s actions are set within the necessary legal frameworks and regulatory obligations.
Conclusion: A Forward-Looking Approach
This successful completion of a share capital reduction at Aker Horizons ASA not only reflects a crucial step in the company’s financial evolution but also resonates with its long-term commitment to enhancing shareholder value. The adjustments made showcase a proactive approach in navigating through industry challenges and capitalizing on opportunities.
Frequently Asked Questions
What is the nominal value of shares after the reduction?
The nominal value per share has been reduced to NOK 0.01.
How many shares are currently outstanding for Aker Horizons ASA?
Aker Horizons ASA currently has 690,348,751 shares outstanding.
Who should investors contact for more information?
Investors are encouraged to contact Jonas Gamre from the Investor Relations team for further details.
What was the previous nominal value of Aker Horizons ASA shares?
The previous nominal value of each share was NOK 1 before the reduction.
What is the total share capital of Aker Horizons ASA after the reduction?
The total share capital now stands at NOK 6,903,487.51, following the reduction.
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