Axactor SE

M&A Activity • Mar 20, 2019

Merger between Axactor SE og Axactor AS

Merger between Axactor SE og Axactor AS

The board of directors in Axactor SE, org.nr 921896328 and Axactor AS, org.nr. 916249543 has prepared and signed a joint merger plan for merger between the two companies.

The merger implies that Axactor AS will transfer all of its assets, rights and obligations, to its parent company Axactor SE. Axactor AS will be liquidated when the merger is effective.

The merger will be completed as a parent subsidiary merger free of consideration. The merger is regulated by the Norwegian Act of 13 June 1997 no. 45 relating to Public Limited Liability Companies section 13-24, cf. the law on European companies by the implementation of the EEA Agreement annex XXII No. 10A (Council Regulation (EC) No. 2157/2001), section 2, first paragraph.

Implementation of the merger is conditional on fulfilment of all legal conditions relating to the implementation of the merger.

The shareholders of Axactor SE will be informed separately about the merger plan. The merger plan is also available at www.axactor.com.

The board of directors in Axactor SE and Axactor AS intend to take the merger decision within end of June 2019. The merger is expect to be finalized within 31 December 2019.

For additional information, please contact:

Vibeke Ly, Head of Group Legal and Compliance

Axactor

Mobile phone: +47 911 79 195

Email: vibeke.ly@axactor.com