- Home
- Equities - Stocks - Shares
- Company Press Releases
- AKVA Group ASA: Update On Intragroup Merger With AKVA Group Software AS and Polarcirkel AS
AKVA group ASA: Update on intragroup merger with AKVA group Software AS and Polarcirkel AS
07 Nov 2024 09:00 CET
Issuer
AKVA group ASA
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 (http://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 (mailto:rmeinkohn@akvagroup.com)
More information:
Access the news on Oslo Bors NewsWeb site
Source
AKVA group ASA
Provider
Oslo Børs Newspoint
Company Name
AKVA GROUP
ISIN
NO0003097503
Symbol
AKVA
Market
Oslo Børs