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Aker Solutions — Regulatory Filings 2014
Sep 26, 2014
3531_iss_2014-09-26_f359657f-226f-42e8-91e6-34ac1b8addf4.html
Regulatory Filings
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Aker Solutions ASA Shares Trade for Last Day Inclusive of Rights to Consideration Shares in Aker Solutions Holding ASA (to be renamed Aker Solutions)
Aker Solutions ASA Shares Trade for Last Day Inclusive of Rights to Consideration Shares in Aker Solutions Holding ASA (to be renamed Aker Solutions)
September 26, 2014 - Shares in Aker Solutions ASA will trade on Friday for the
last time inclusive of rights to consideration shares in Aker Solutions Holding
ASA (the new Aker Solutions) to be distributed in conjunction with the demerger
of the existing Aker Solutions.
Aker Solutions Holding ASA, which was created to facilitate the demerger of Aker
Solutions into two independent companies, will be renamed Aker Solutions ASA on
completion of the split. The existing Aker Solutions will be renamed Akastor
ASA, an oil-services investment company created by the separation.
From and including September 26, 2014, the existing Aker Solutions will change
its ticker to AKA. From and including September 29, 2014, shares in the existing
Aker Solutions will trade under the Akastor name and the AKA ticker, exclusive
of rights to shares in the new Aker Solutions. As of the same date, shares in
the new Aker Solutions will be admitted for trading on the Oslo Stock Exchange
under the Aker Solutions name and with the AKSO ticker.
Consideration shares in the new Aker Solutions will be distributed on a pro rata
basis to shareholders of the existing Aker Solutions on expiry of the September
26, 2014, cut-off date as they appear in the Aker Solutions shareholders
register at the Norwegian Central Securities Depositary (VPS) as of expiry of
October 1, 2014 (record date). Eligible shareholders will receive one
consideration share in the new Aker Solutions for each share they own in the
existing Aker Solutions as of expiry of the cut-off date, as recorded in the VPS
as of expiry of the record date. The consideration shares in the new Aker
Solutions will be delivered and made available to eligible shareholders on
October 2, 2014.
ENDS
For further information, please contact:
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: [email protected]
Investor relations:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail: [email protected]
Career opportunities:
Visit http://www.akersolutions.com/careers
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Our engineering, design and technology bring discoveries into
production and maximize recovery from each petroleum field. We employ
approximately 28,000 people in about 30 countries. Go to www.akersolutions.com
for more information on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1858443]