Skip to main content

AKVA group ASA: Update on intragroup merger with AKVA group Software AS and Polarcirkel AS

Written by Customer Service on . Posted in Mergers And Acquisitions.

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

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.