menu

Media

Aker ASA: Lerøy Acquisition of Havfisk and Norway Seafoods approved by Norway Ministry of Trade, Industry and Fisheries

25.08 2016 08:57

Reference is made to the stock exchange notice published on 2 June 2016 regarding the agreements entered by Aker Capital AS and Aker Capital II AS ("Aker") with Lerøy Seafood Group ASA ("Lerøy") to sell Aker's 63.21 per cent ownership stake in Havfisk ASA ("Havfisk") for NOK 36.50 per share and Aker's 73.63 per cent ownership stake in Norway Seafoods Group AS ("Norway Seafoods") for NOK 1.0 per share.

Lerøy today announced that the Norwegian Ministry of Trade, Industry and Fisheries has approved Lerøy's acquisition of shares in Havfisk and Norway Seafoods. Lerøy is still awaiting the approval from the relevant competition authorities before completing the transactions.

A completion of the sale of Havfisk will trigger a mandatory offer for the remaining shares in Havfisk at NOK 36.50 per share. Assuming completion of the transaction, Lerøy also intends to make an offer for the remaining shares in Norway Seafoods at NOK 1.0 per share.

For further information about the conditions of the approval, please refer to Lerøy's stock exchange notice.

END

For further information, please contact:

Investors:
Marianne Stigset, Head of Investor Relations
Phone: +47 24 13 00 66
Mobile: +47 41 18 84 82

Media:
Atle Kigen, Head of Corporate Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878

 

 

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.