Eqva ASA: Divestment of the ship - Havila Charisma

12 Mar 2024 14:00 CET

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.

More information:
Access the news on Oslo Bors NewsWeb site