Eqva ASA

M&A Activity • Mar 12, 2024

Eqva ASA: Divestment of the ship - Havila Charisma

Eqva ASA: Divestment of the ship - Havila Charisma

On 12 March 2024 Eqva ASA (OSE: EQVA), through its subsidiary Havyard Ship Invest AS, entered into a sales-agreement with Havila Holding AS to divest its 50 % stake in the PSV Havila Charisma, reaffirming the company’s strategic direction and ambition to become an industrial investment company listed on the Oslo Stock Exchange.

The transaction is settled by NOK 62m in cash, where NOK 4m is repayment of debt. The transaction will result in an accounting profit for the company.

“The sale of Havila Charisma will free up important resources, enabling a concentrated focus on further development of Eqva’s current industrial portfolio. In addition, this enables new investments and the opportunity for an extraordinary dividend” said Even Matre Ellingsen, Chair of the Board of Eqva.

For more information, please contact:

Petter Sørdahl, Chief Financial Officer: +47 917 56 147

Even Matre Ellingsen, Chairman of the Board: + 47 990 05 500

Eqva ASA in brief

Eqva ASA is a knowledge-based active owner of engineering, construction and service companies that contribute to the green transition in maritime, power intensive and renewable industries.

The group has a well-diversified product and market portfolio, and further growth will be established through a combination of company-based development, utilization of synergies between the companies in the group as well as value-creating M&A activities.

Key companies in the group are BKS and Fossberg Kraft, each building on decades of experience and widely recognized by clients in a broad range of industries.

Read more on www.eqva.no

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published by Ask Haukaas, Business Analyst, Eqva ASA, at the date and time as set out above.