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Akastor — Investor Relations & Filings

Ticker · AKAST ISIN · NO0010215684 LEI · 5967007LIEEXZXIX5468 OL Financial and insurance activities
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Filings indexed 818 across all filing types
Latest filing 2021-12-22 M&A Activity
Country NO Norway
Listing OL AKAST

About Akastor

https://akastor.com/

Akastor is an oil-services investment company with a portfolio of industrial and financial holdings. The company operates with a flexible mandate for active ownership and long-term value creation, aiming to maximize the potential of its investments. Its core strategy involves exercising strategic oversight and active management to develop its portfolio companies, which are primarily focused on the oilfield services sector.

Recent filings

Filing Released Lang Actions
Akastor ASA: SpotOn Energy acquires AGR's UK Well Management operations
M&A Activity Classification · 1% confidence The document announces a specific corporate transaction: the acquisition of AGR's UK Well Management operations by SpotOn Energy, resulting in AGR receiving an ownership stake in SpotOn Energy. This is a material event concerning corporate structure and asset transfer, but it does not fit the definitions for standard periodic reports (10-K, IR, ER), financing activities (CAP), or director dealings (DIRS). It is a specific announcement regarding a transaction or corporate change. Since it is not a standard regulatory filing like a 10-K or a specific announcement like a dividend (DIV) or management change (MANG), and it details a significant business transaction (M&A activity), the closest fit among the provided codes is 'M&A Activity' (TAR) or potentially 'Regulatory Filings' (RNS) if TAR is strictly for public takeover bids. Given the context of an asset transfer leading to an ownership stake, it strongly relates to corporate restructuring/transaction. However, looking closely at the definitions, 'TAR' is defined as 'Merger proposals or takeover bids'. This is an asset sale/acquisition leading to an equity stake, which is a form of M&A. If it were a general press release about a business event not covered elsewhere, RNS would be the fallback. Since it is a specific transaction announcement, and it's not a management change (MANG), I will classify it as a general Regulatory Filing (RNS) as it is a press release announcing a transaction that doesn't perfectly align with the narrow definition of TAR (takeover bids/merger proposals) or CAP (fundraising). Given the nature of the announcement (a press release detailing a business transaction), RNS is the most appropriate general regulatory announcement category when specific transaction codes are too narrow or inapplicable.
2021-12-22 English
Akastor ASA: HMH awarded pressure control system for GMGS drillship
Regulatory Filings Classification · 1% confidence The document is a short press release announcing that HMH (an affiliate of Akastor ASA) has been awarded a contract for a pressure control system. It details the contract value (USD 77 million) and references a previous contract. This type of announcement, detailing a significant business award or contract win, does not fit the specific categories like 10-K, ER, or IR. It is a general business update or announcement. Since it is not a formal regulatory filing (like a 10-K or 8-K equivalent in the US context, which this appears to be based on the structure), and it doesn't relate to dividends, management changes, or shareholder votes, the most appropriate general category is 'Regulatory Filings' (RNS) as a catch-all for significant, non-standard corporate news releases, or potentially 'Capital/Financing Update' (CAP) if the contract was viewed as a major revenue event, but RNS is safer for general contract awards not explicitly tied to financing or earnings.
2021-12-14 English
Akastor ASA: AKOFS Offshore AS awarded three-year contract with Petrobras
Regulatory Filings Classification · 1% confidence The document is a short press release announcing a significant business event: a subsidiary (AKOFS Offshore AS) has been awarded a three-year contract worth USD 107 million by Petrobras for subsea services. This type of announcement, detailing a new contract award, major transaction, or significant operational development, is typically classified as a general Regulatory Filing (RNS) if a more specific category like M&A (TAR) or Financing (CAP) does not apply. Since it is not a full financial report (10-K, IR, ER), a management change (MANG), or a director's dealing (DIRS), RNS is the most appropriate general regulatory announcement category. Given the short length and nature of the announcement, it is not a Report Publication Announcement (RPA) as it is announcing an event, not the publication of a separate report.
2021-12-09 English
Financial calendar
Report Publication Announcement Classification · 1% confidence The document is titled 'Financial calendar' and lists scheduled dates for various corporate events throughout 2021 and 2022, including 'Quarterly Report - Q4', 'Half-yearly Report', 'Annual Report', and 'Annual General Meeting'. This document is purely informational, detailing future reporting dates, rather than being one of the reports themselves (like 10-K, IR, or ER). Since it is a schedule of corporate events and reporting dates, it does not fit neatly into the specific report categories (like ER, IR, 10-K, AGM-R). It is best classified as a general regulatory announcement or informational update regarding the company's schedule, making 'Regulatory Filings' (RNS) the most appropriate fallback category for this type of calendar announcement.
2021-11-23 English
Akastor ASA: Settlement of earn-out payment under Share Purchase Agreement
Legal Proceedings Report Classification · 1% confidence The document announces the settlement of an earn-out payment related to a previous Share Purchase Agreement (SPA) for the divestment of a subsidiary (MPO). This transaction involves a cash payment and relates to the capital structure/financing aspects of the company's past activities. It is not a standard financial report (10-K, IR), an earnings release (ER), or a management discussion (MDA). It specifically details a financial transaction related to a prior sale/divestment, which aligns best with 'Capital/Financing Update' (CAP) as it concerns the realization of proceeds from a major transaction, or potentially 'Regulatory Filings' (RNS) due to the disclosure requirement mentioned. Given the specific nature of receiving funds from a past M&A/divestment event, 'CAP' is the most precise fit, as it relates to capital realization/financing outcomes. Since the document is short and reports a specific corporate action/financial event, CAP is chosen over the general RNS fallback.
2021-11-18 English
Akastor ASA: Resultat for tredje kvartal 2021
Earnings Release Classification · 1% confidence The document text explicitly states 'Third Quarter Results 2021' and presents detailed financial tables comparing 3Q 2021 results against 3Q 2020 and Year-to-Date figures (e.g., Revenue, EBITDA, Order intake). It includes management commentary on portfolio highlights and financial updates for the period. This structure is characteristic of a comprehensive quarterly financial report, which aligns with the 'Interim / Quarterly Report' definition (Code: IR). It is not merely an 'Earnings Release' (ER) as it contains extensive detail and reconciliation tables, nor is it an 'Annual Report' (10-K) as it covers only the third quarter. Q3 2021
2021-10-29 English

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