Grieg Holdings AS: Restructuring of shareholding completed into Grieg Aqua AS
December 04 2018 - 12:49PM
We refer to the Stock Exchange Notice
17th of September
2018 regarding the demerger of the main shareholder Grieg Holdings
AS, whereas all its shares in Grieg Seafood ASA will be transferred
to Grieg Aqua AS,
established in connection with the demerger.
The demerger is now completed and the new group
company Grieg Aqua AS is established and has become the owner of
all 55 801 409 shares, corresponding to 49.97 % of the outstanding
shares in Grieg Seafood ASA,
previously owned by Grieg Holdings AS. Grieg Holdings AS will not
hold any shares in Grieg Seafood after the transaction. The parent
company of Grieg Holdings AS, Grieg Maturitas II AS, is the sole
shareholder
of Grieg Aqua AS.
In addition 217 390 Grieg Seafood shares, corresponding to 0.20 %,
is today transferred from Grieg Ltd AS (owned 100 % by Grieg
Maturitas II AS) to Grieg Aqua AS at a share price of NOK
115.10
corresponding to the Grieg Seafood shares closing price today. In
total Grieg Aqua AS holds 56 018 799 shares in Grieg Seafood ASA
corresponding to 50.17% of the outstanding shares.
The Oslo Stock Exchange has, pursuant to section
6-2 (3) of the Norwegian Securities Trading Act, granted an
exemption from the mandatory offer obligation with respect to the
transactions.
This information is subject to the disclosure
requirements pursuant to Sections 4-2 and 4-3 of the Norwegian
Securities Trading Act.
This information is subject to the disclosure
requirements pursuant to Sections 4-2 and 4-3 of the Norwegian
Securities Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Grieg Seafood ASA via Globenewswire