AKVA group ASA: Update on intragroup merger with AKVA group Software AS and Polarcirkel AS
November 07 2024 - 3:00AM
UK Regulatory
AKVA group ASA: Update on intragroup merger with AKVA group
Software AS and Polarcirkel AS
Klepp, 7 November 2024: Reference is made to the
stock exchange announcement by AKVA group ASA (AKVA) on 26
September 2024 regarding the entering into of merger plans for the
intragroup mergers of AKVA's wholly owned subsidiaries AKVA group
Software AS and Polarcirkel AS, both as non-surviving entities (the
Subsidiaries), with AKVA as the surviving entity.
Due to accounting purposes relating to the
timing of completion of the mergers, the board of directors of AKVA
and the Subsidiaries have today resolved to make certain minor
amendments to the merger plans and their appendices. The revised
merger plans with appendices are available on AKVA's webpage:
https://www.akvagroup.com/investors/financial-info/other-presentations-reports/.
The mergers are expected to be completed in February 2025.
The purpose of the mergers is to simplify the
corporate structure in the group, by AKVA acquiring all assets,
rights and liabilities of the Subsidiaries and the Subsidiaries
being dissolved as legal entities. The mergers are carried out in
accordance with the simplified merger procedure for
parent/subsidiary mergers pursuant to section 13-24 of the
Norwegian Public Limited Liability Companies Act.
This information is subject to the disclosure
requirements pursuant to sections 4.2.4 of Oslo Rule Book II -
Issuer Rules and section 5-12 of the Norwegian Securities Trading
Act.
* * *
AKVA group ASA
Web: www.akvagroup.com
CONTACTS:
Ronny Meinkøhn, Chief Financial Officer
Phone:
+47 51 77 85 00
Mobile: +47
98 20 67 76
E-mail:
rmeinkohn@akvagroup.com
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