AKVA AKVA Group ASA

AKVA group ASA: Intragroup merger with AKVA group Software AS and Polarcirkel AS

AKVA group ASA: Intragroup merger with AKVA group Software AS and Polarcirkel AS

Klepp, 26 September 2024:

The boards of directors of AKVA group ASA (AKVA) and its wholly owned subsidiaries AKVA group Software AS and Polarcirkel AS have today entered into merger plans for the mergers of AKVA group Software AS and Polarcirkel AS (both as the non-surviving entities) with AKVA (as the surviving entity). The purpose of the mergers is to simplify the corporate structure in the group.

At completion of the mergers, AKVA will acquire all assets, rights and liabilities of AKVA group Software AS and Polarcirkel AS and at the same time, AKVA group Software AS and Polarcirkel AS will be finally dissolved and deleted as legal entities.

The mergers are carried out in accordance with the simplified merger procedure for parent/subsidiary mergers set out in section 13-24 of the Norwegian Public Limited Liability Companies Act.

AKVA will today send the enclosed information letter on the mergers to its shareholders. The merger plans and the companies' annual accounts, annual reports and auditor's report for the last three financial years will be available at AKVA’s webpage:

This information is subject to the disclosure requirements pursuant to sections 4.2.4 and 4.6.1 of Oslo Rule Book II - Issuer Rules, cf. section 5-12 of the Norwegian Securities Trading Act.

AKVA group ASA

Web:

CONTACTS:

Ronny Meinkøhn

Chief Financial Officer

Phone:          

Mobile:         

E-mail:         

Attachment



EN
26/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AKVA Group ASA

AKVA Group ASA: 1 director

A director at AKVA Group ASA maiden bought 15,000 shares at 67.200NOK and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...

 PRESS RELEASE

AKVA group ASA: Mandatory notification of trade

AKVA group ASA: Mandatory notification of trade OleMa AS, a company controlled by board member and primary insider Tore Rasmussen, has today acquired 15,000 shares in AKVA group ASA (the “Company”) at a price of NOK 67,20 per share.  Following this transaction, Mr. Rasmussen and related parties own 15,000 shares in the Company. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act and Regulation (EU) 596/2014 (MAR) article 19. Dated: 15 November 2024AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive OfficerPh...

Ola Trovatn
  • Ola Trovatn

AKVA group (Buy, TP: NOK85.00) - Strong Q3 and positive outlook

Underlying Q3 EBITDA of NOK128m was 14% above our estimate, driven by Sea Based, which saw high activity leading to economies of scale in addition to a strong product mix. Despite slightly soft order intake for Sea Based, guidance for 2024–2025 was unchanged. Management comments for strong Q4 order intake bode well for Q1, in our opinion. We reiterate our BUY and have raised our target price to NOK85 (80) on higher estimates and peer group valuations.

 PRESS RELEASE

AKVA group ASA: Update on intragroup merger with AKVA group Software A...

AKVA group ASA: Update on intragroup merger with AKVA group Software AS and Polarcirkel AS Klepp, 7 November 2024: Reference is made to the stock exchange announcement by AKVA group ASA (AKVA) on 26 September 2024 regarding the entering into of merger plans for the intragroup mergers of AKVA's wholly owned subsidiaries AKVA group Software AS and Polarcirkel AS, both as non-surviving entities (the Subsidiaries), with AKVA as the surviving entity. Due to accounting purposes relating to the timing of completion of the mergers, the board of directors of AKVA and the Subsidiaries have today res...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch