Aker Horizons ASA Announces Dividend-in-Kind Details for Shareholders Following Merger
On September 1, 2025, Aker Horizons ASA made an important announcement regarding its upcoming dividend-in-kind, following the merger completion with its subsidiary, Aker Horizons Holding AS (AKHH). This decision allows shareholders to benefit directly from the outcomes of the merger with AKH HoldCo AS, a subsidiary of Aker ASA. In this context, Aker Horizons has outlined key details regarding this dividend distribution, which will play a vital role in the financial landscape of its shareholders.
The company has declared that each shareholder will receive one AKHH share for every share held in Aker Horizons. This dividend will be expressed in Norwegian Krone (NOK), reinforcing its commitment to providing value to its investors. The approval date for this dividend was set for June 6, 2025.
Following the merger, AKHH shares are anticipated to convert into approximately 0.001898 shares in Aker ASA, accompanied by cash of NOK 0.267963 per share (subject to rounding). This means that shareholders will not only benefit from the dividend-in-kind but will also have a stake in Aker ASA post-merger. It’s crucial to note that this dividend is classified as a repayment of paid-in capital from the perspective of Norwegian tax regulations, allowing it to escape any withholding taxes.
What is particularly noteworthy about this arrangement is that shareholders will retain their shares in Aker Horizons even after receiving the Merger consideration shares in Aker ASA. This dual ownership structure aims to provide a robust financial base for Aker Horizons’ investors, ensuring they can benefit from the ongoing success and profitability of both entities.
Aker Horizons' management team believes that this distribution structure not only enriches the value for shareholders but also solidifies the firm's strategic vision in the renewables sector. As the company continues to navigate through its operational objectives and build on its growth trajectory, the merger is set to enhance its market presence and financial robustness.
For further information, interested parties can reach out to the Investor Relations department. Jonas Gamre is available via mobile at +47 97 11 82 92 or through email at [email protected]. Additionally, media inquiries can be directed to Mats Ektvedt, reachable at +47 41 42 33 28 or via email. Aker Horizons urges its shareholders to stay informed about the developments surrounding the merger and this significant dividend-in-kind, as they foster transparency and communication with all stakeholders. Through these efforts, Aker Horizons aims to sustain its position as a forefront player in the energy transition while contributing positively to its shareholders and the market at large.
Dividend Details
The company has declared that each shareholder will receive one AKHH share for every share held in Aker Horizons. This dividend will be expressed in Norwegian Krone (NOK), reinforcing its commitment to providing value to its investors. The approval date for this dividend was set for June 6, 2025.
Key Dates
- - Last Day Including Right: Shareholders must hold their shares until September 4, 2025, to be eligible for the dividend.
- - Ex-Dividend Date: On September 5, 2025, the shares will trade without the entitlement for the dividend.
- - Record Date: September 8, 2025, is the date when the company will determine which shareholders are entitled to the dividend.
- - Payment Date: The shares are expected to be delivered on or about September 12, 2025.
Merger Insights
Following the merger, AKHH shares are anticipated to convert into approximately 0.001898 shares in Aker ASA, accompanied by cash of NOK 0.267963 per share (subject to rounding). This means that shareholders will not only benefit from the dividend-in-kind but will also have a stake in Aker ASA post-merger. It’s crucial to note that this dividend is classified as a repayment of paid-in capital from the perspective of Norwegian tax regulations, allowing it to escape any withholding taxes.
Shareholder Benefits
What is particularly noteworthy about this arrangement is that shareholders will retain their shares in Aker Horizons even after receiving the Merger consideration shares in Aker ASA. This dual ownership structure aims to provide a robust financial base for Aker Horizons’ investors, ensuring they can benefit from the ongoing success and profitability of both entities.
Aker Horizons' management team believes that this distribution structure not only enriches the value for shareholders but also solidifies the firm's strategic vision in the renewables sector. As the company continues to navigate through its operational objectives and build on its growth trajectory, the merger is set to enhance its market presence and financial robustness.
Investor Relations
For further information, interested parties can reach out to the Investor Relations department. Jonas Gamre is available via mobile at +47 97 11 82 92 or through email at [email protected]. Additionally, media inquiries can be directed to Mats Ektvedt, reachable at +47 41 42 33 28 or via email. Aker Horizons urges its shareholders to stay informed about the developments surrounding the merger and this significant dividend-in-kind, as they foster transparency and communication with all stakeholders. Through these efforts, Aker Horizons aims to sustain its position as a forefront player in the energy transition while contributing positively to its shareholders and the market at large.
Topics Financial Services & Investing）
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