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Aker Solutions — Director's Dealing 2016
Jun 8, 2016
3531_mrq_2016-06-08_c7c6a420-041e-498b-8df4-36b306a180aa.html
Director's Dealing
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DISCLOSURE OF SHAREHOLDING IN AKER SOLUTIONS ASA
DISCLOSURE OF SHAREHOLDING IN AKER SOLUTIONS ASA
This joint disclosure is made by Artisan Partners
Limited Partnership ("Artisan") for and on behalf of
itself as well as for and on behalf of Artisan
International Value Fund, in accordance with Section
4-3 of the Norwegian Securities Trading Act.
Artisan acts as discretionary investment adviser to
its clients, including but not limited to the Artisan
International Value Fund, and is authorized to
exercise voting rights attached to the shares under
management on a discretionary basis.
On June 8, 2016 (with settle date June 10, 2016),
Artisan sold 2,868,462 shares in Aker Solutions ASA
("AKSO") for and on behalf of the Artisan
International Value Fund. As a result of the
transaction, Artisan International Value Fund crossed
below the 5% threshold of Section 4-3 of the Norwegian
Securities Trading Act on an individual basis.
Following the transaction, Artisan International Value
Fund's aggregate shareholding in AKSO amounts to
11,283,358 shares, equaling 4.15% of the issued shares
and votes in AKSO.
Following the transaction, the aggregate shareholding
in AKSO over which Artisan is authorized to exercise
voting rights on a discretionary basis (including the
shares held by Artisan International Value Fund as
described above) amounts to 16,660,303 shares,
equaling 6.12% of the issued shares and votes in
AKSO. No single client of Artisan holds above 5 % in
Aker Solutions ASA after the disposition.
The above calculations are based on a total number of
outstanding shares in AKSO of 272,044,389 shares.