Aker ASA (“Aker”) has appointed Kristian Røkke as its Chief Investment Officer effective 1 January 2018. Mr. Røkke is currently the Chief Executive Officer of Akastor ASA (“Akastor”), a publicly listed oil service investment company, and will be succeeded by Karl Erik Kjelstad from 1 January 2018. In connection with the transition, Mr. Røkke will resign from Aker’s Board of Directors, but continue as a Board member of TRG Holding AS, Aker’s principal shareholder.
Stock exchange releases
Aker Capital AS ("Aker"), a wholly owned subsidiary of Aker ASA, and Oceanwood Capital Management LP ("Oceanwood"), have entered into an agreement to establish a company for the purpose of bidding for the shares in Norske Skog AS ("the Company"), a subsidiary of the listed Norske Skogindustrier ASA, in an auction process. The Company is the holding entity of Norske Skog's operating subsidiaries. Oceanwood is a creditor in the Company, and holds all of the NSF securitisation facility and a majority of the senior secured notes (the SSN). Aker and Oceanwood will be 50/50 owners of the new company.
The net asset value ("NAV") of Aker ASA and holding companies ("Aker") increased by 20.4 per cent in the third quarter to NOK 34.7 billion (NOK 467 per share), compared to NOK 28.8 billion as per 30 June 2017.
Aker ASA will publish its third-quarter results for 2017 on the Oslo Stock Exchange on Thursday 23 November, at 07:00 CEST. The results presentation will be held at Aker's headquarters at Fornebuporten, Oksenøyveien 10, at 09:00 CET the same morning.
Reference is made to Aker BP's ("Aker BP") stock exchange announcement today regarding a private placement (the "Private Placement") of 22,376,438 new shares in Aker BP.
Financial calendar for Aker ASA.
Reference is made to Aker BP ASA's ("Aker BP") stock exchange announcement today regarding the agreement to acquire Hess Norge AS ("Hess Norway").
The net asset value ("NAV") of Aker ASA and holding companies ("Aker") decreased by 11.5 per cent (or 7.9 per cent adjusted for NOK 16 in cash dividend per share) in the second quarter to NOK 28.8 billion (NOK 388 per share). Year-on-year Aker`s NAV is up 21.5 per cent.
Aker ASA will publish its second-quarter and first-half results for 2017 on the Oslo Stock Exchange on Tuesday 18 July 2017, at 07:00 CEST. The results will be presented by audio webcast at 09:00 a.m. CEST the same morning.
The net asset value ("NAV") of Aker ASA and holding companies ("Aker") decreased by 5.1 per cent in the first quarter 2017 to NOK 32.6 billion, compared to NOK 34.3 billion as per 31 December 2016. Per-share net asset value amounted to NOK 439 as per 31 March 2017, compared to NOK 462 as per year-end 2016.
Aker ASA will publish its first-quarter results for 2017 on the Oslo Stock Exchange on Thursday 11 May 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
Reference is made to the resolution by the General Meeting in Aker ASA on 21 April 2017 to distribute a dividend of NOK 16.00 per share. Aker ASA shares will trade exclusive of dividend of NOK 16 per share as of today, 24 April 2017.
The Annual General Meeting of Aker ASA (the "Company") was held on Friday 21 April 2017 at Fornebuporten, Oksenøyveien 10, Norway.
Aker ASA today publishes its annual and corporate responsibility reports for 2016. The reports are attached and are also available on https://eng.akerasa.com/Investor/Financial-and-other-reports
The Annual General Meeting of Aker ASA will be held on Friday 21 April 2017 at 09:00 CET, at Oksenøyveien 10, Building B, Grand Hall, 1366 Lysaker, Norway.
As fulfillment of existing rights under the bonus program for employees in Aker ASA ("Aker"), the following primary insiders have received bonus shares. The shares have a lock-in period of three years. Upon allocation, the value of the shares was set to NOK 291.39. This corresponds to the three-day average, volume-weighted price of Aker's share starting Monday 13 March 2016, to which a 20 per cent discount was applied.
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.
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.