Reference is made to the stock exchange announcements published by Aker ASA and Aker BioMarine ASA on 12 September, 8 October and 9 November 2012 concerning a merger between Aker BioMarine ASA and Aker Seafoods Holding AS, a wholly owned subsidiary of Aker ASA, where the consideration shares are to be delivered by Aker ASA.
The creditor period of the merger expired on 14 January 2013. As no objections were submitted within the expiry date, the merger will be implemented and registered with the Register of Business Enterprises after close of business on the Oslo Stock Exchange today, 15 January 2013. Consequently, this will be the last day of trading for the Aker BioMarine ASA share. Aker Seafoods Holding AS will amend its name to Aker BioMarine AS.
Aker ASA's consideration shares will be drawn from its treasury stock holding. Fractional consideration shares will not be distributed and the shares will be rounded down to the nearest whole contribution share for each Aker BioMarine ASA shareholder. The value of the fractional consideration shares will be settled in cash by Aker ASA based on the closing share price on 14 January 2013.
The Aker ASA shares to be issued as consideration will be transferrable as per 16 January 2013. The consideration shares will be transferred in VPS after close of business of VPS on 18 January 2013. The Aker ASA shares will show on the VPS accounts of Aker BioMarine ASA's shareholders on 21 January 2013. The shareholders will receive full shareholder rights in Aker ASA from the time the merger is recorded as completed by the Register of Business Enterprises. Shareholders who are to receive cash as a result of the rounding down of fractional shares will receive payment on their VPS registered accounts on 25 January 2013.
For further information, please contact:
Media:
Atle Kigen, Head of Corporate Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878
Investors:
Marianne Stigset, Investor Relations Manager
Phone: +47 24 13 00 66
Mobile: +47 41 18 84 82
This information is subject of the disclosure requirements according to §5 -12 of the Norwegian Securities Trading Act