AKVA group ASA: Investment by Israel Corp. completed
22 October 2021 - 1:30AM
AKVA group ASA: Investment by Israel Corp. completed
Reference is made to the announcements by AKVA group ASA ("AKVA"
or the "Company") on 29 September 2021 and 19 October 2021,
regarding the investment in the Company by Israel Corp., ("ILCO")
comprising of a private placement of 3,333,430 new shares for a
subscription price of NOK 96.50 per share (the "Private Placement")
and purchases of minimum 2,166,730 existing shares in the Company
for a purchase price of NOK 96.50 per share (the "Offer", and
together with the Private Placement, the "Transaction"), provided
however that ILCO's aggregate holding of shares in AKVA upon
completion of the Offer and the Private Placement of new shares
should not exceed 19.99%. Further reference is made to the
announcement on 20 October 2021, where the Company informed that an
extraordinary general meeting had been held inter alia approving
the Private Placement, approving changes in the articles of
association of the Company giving ILCO a right to appoint a board
member in the Company under certain circumstances, and electing
Yoav Doppelt and Irene Heng Lauvsnes to the Company's board of
directors.
The Transaction was successfully completed today, by ILCO's
subscription of 3,333,340 new shares in the Private Placement and
purchases of 3,266,762 existing shares in the Offer. Following the
Transaction, ILCO holds an aggregate of 6,600,192 shares in the
Company, constituting 18% of the Company’s registered shares and
votes. Egersund Group AS, the Company's largest shareholder, holds
an aggregate of 18,703,105 shares following the Transaction,
constituting approximately 51% of the Company's registered shares
and votes.
Dated: 21 October 2021
AKVA group ASA
Web: www.akvagroup.com
CONTACTS: Knut Nesse - Chief Executive Officer Phone: +47 51 77
85 00 Mobile: +47 91 37 62 20 E-mail: knesse@akvagroup.com Ronny
Meinkøhn - Chief Financial Officer Phone: +47 51 77 85 00 Mobile:
+47 98 20 67 76 E-mail: rmeinkohn@akvagroup.com
***
This information is subject to the disclosure requirements
pursuant to sections 4-2 and 5-12 of the Norwegian Securities
Trading Act.
About AKVA group ASA
AKVA group ASA is a global technology and service partner that
deliver technology and services that helps
solve biological challenges within the aquaculture
industry. Good operational performance and fish welfare
ensures sustainability and profitability for the customer. This is
the premise for everything we deliver, from single components to
services and complete installations. In-depth aquaculture
knowledge, extensive experience and a high capacity for innovation
characterizes and enables us to deliver the best solutions for both
land-based and sea based fish farming.
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