7 March 2017 - Aker ASA has today notified Nordic Trustee ASA of its intention to exercise its call option for Bond issue AKER07 (ISIN NO0010635212) of NOK 500 million. The entire Bond issue will be repaid at 104.00 per cent of par value (plus accrued interest), with settlement date 21. April 2017.
Stock exchange releases
Erøy AS, a company controlled by Øyvind Eriksen, President and CEO of Aker ASA, the majority shareholder of Ocean Yield ASA (the "Company"), has today acquired 200,000 shares in the Company at a purchase price of NOK 61.3534 per share.
The net asset value of Aker ASA and holding companies ("Aker") increased by 15.3 per cent in the fourth quarter 2016 to NOK 34.3 billion, compared to NOK 29.8 billion as per 30 September 2016. Per-share net asset value ("NAV") amounted to NOK 462 as per 31 December 2016, compared to NOK 401 as per 30 September 2016 and NOK 282 as per year-end 2015 (prior to dividend allocation).
Reference is made to the stock exchange notice published by Aker ASA (Aker) on 8 November 2016 regarding Aker’s financial calendar.
Aker ASA will publish its fourth-quarter and preliminary annual results for 2016 on the Oslo Stock Exchange on Tuesday 28 February 2017, at 07:00 CET. The results presentation will be held at Aker's headquarters at Fornebuporten, Oksenøyveien 10, at 09:00 CET the same morning.
Key stakeholders to seek combination of Solstad Offshore, Farstad Shipping and Deep Sea Supply, creating a world leading OSV compan.
Reference is made to the stock exchange release of Aker ASA (the “Company”) dated 22 December 2016 concerning an offer to buy back shares in connection with the Company’s employee share purchase programme, as well as for other corporate purposes (the “Offer”). The Offer expired on 22 December 2016 at 16:30 (CET).
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Aker ASA ("Aker") has carried out its second employee share purchase programme for the year.
The net asset value of Aker ASA and holding companies ("Aker") rose to NOK 29.8 billion from NOK 24.7 billion, compared with the second-quarter figures. Per-share net asset value ("NAV") amounted to NOK 401 as per 30 September 2016, compared to NOK 333 as per 30 June 2016 and NOK 282 as per 31 December 2015 (prior to dividend allocation).
Aker ASA will publish its third-quarter results for 2016 on the Oslo Stock Exchange on Monday 7 November, at 07:00 CET. The results presentation will be held at Aker’s headquarters at Fornebuporten, Oksenøyveien 10, at 09:00 a.m. CET the same morning.
REM: Disclosure of Aker Capital AS' bond conversion rights as a result of REM EGM approval 10 October 2016.
Reference is made to Rem Offshore ASA's ("REM") and Solstad Offshore ASA's ("SOFF") joint release dated 28 July 2016 regarding a merger of REM with a subsidiary of SOFF (the "SOFF Merger"), to REM's release dated 6 September 2016 regarding the approval by bondholders in the REM04 and REM05 bonds issued by REM of a restructuring of said bonds, which includes an exchange of bonds for shares in REM (the "REM Bond Restructuring"), approval of the Merger, whereby all REM shares issued to the holders of REM04 and REM05 bonds as part of the REM Bond Restructuring will be exchanged for SOFF class B shares, and to REM's release today that its EGM has approved the REM Bond Restructuring and the Merger.
Reference is made to the stock exchange notice by Det norske oljeselskap ASA (to be renamed Aker BP ASA) (the "Company") dated 10 June 2016 regarding the merger between the Company and BP Norge AS, and today's notice announcing the closing of the transaction.
Det norske oljeselskap ASA (Det norske) has today completed the closing of the merger with BP Norge AS (BP Norge) and the subsequent establishment of Aker BP ASA (Aker BP), the leading independent offshore E&P company on the Norwegian Continental Shelf. The company is on track with the integration process and reiterates the ambition of a quarterly dividend for the fourth quarter of 2016.
Solstad Offshore ASA's banks approve the Financing Plan. Sale-and-leaseback agreement for the vessel Normand Maximus entered into. Conditions for subscription of new shares and convertible loan subscribed 31 August 2016 satisfied.
Reference is made to the stock exchange releases published by Ocean Yield ASA ("Ocean Yield") on 31 August 2016 regarding a private placement (the "Private Placement") of 13,462,857 new shares in Ocean Yield.
Aker ASA: Solstad Offshore ASA - private placement of shares and convertible loan fully subscribed today
Reference is made to the stock exchange notices published by Solstad Offshore ASA ("SOFF") on June 7, 2016 and July 13, 2016, regarding SOFF's comprehensive financing plan (the "Financing Plan").
Reference is made to the disclosure of shareholding and primary insider notice published by Aker Capital AS and Fausken Invest AS on 2 June 2016.
Aker ASA: Lerøy Acquisition of Havfisk and Norway Seafoods approved by Norway Ministry of Trade, Industry and Fisheries
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.
Solstad Offshore ASA ("SOFF" or "Solstad") and REM Offshore ASA ("REM") have on July 27, 2016 agreed to merge REM with a wholly-owned subsidiary of Solstad ("Merger Sub") ("the Merger"). REM, the principal shareholders of REM, and SOFF and its principal shareholders, have entered into an agreement that sets out the terms of the merger.
The net asset value of Aker ASA and holding companies (Aker) rose by 29 per cent adjusted for dividend in the second quarter 2016 to NOK 24.7 billion, compared with the first-quarter figures. Per-share net asset value ("NAV") amounted to NOK 333 as per 30 June 2016, compared to NOK 265 as per 31 March (prior to dividend allocation).
Aker ASA will publish its second-quarter results for 2016 on the Oslo Stock Exchange on Tuesday 19 July 2016, at 07:00 CEST. The results will be presented by President & CEO Øyvind Eriksen and CFO Frank Ove Reite by webcast at 09:00 a.m. CEST the same morning.
Aker ASA (“Aker”) has carried out its first employee share purchase programme for the year.
Aker ASA: Det norske oljeselskap and BP Norge merge to create leading independent E&P company on NCS
Reference is made to Det norske oljeselskap ASA's ("Det norske") stock exchange announcement today regarding the agreement with BP Plc ("BP") to merge with BP Norge AS ("BP Norway") through a share purchase transaction to create the leading independent E&P company on the Norwegian Continental Shelf (NCS). The company will be renamed Aker BP ASA ("Aker BP"), with Aker ASA ("Aker") and BP as main industrial shareholders.