#Norway #Aker Horizons #Fornebu #AKH HoldCo #Merger Completion

Aker Horizons ASA Completes Merger with AKH HoldCo AS

On September 11, 2025, Aker Horizons ASA declared the successful completion of its merger with AKH HoldCo AS, following prior announcements regarding this significant operational shift. This merger, which consolidates Aker Horizons Holding AS and AKH HoldCo AS into a single entity, symbolizes a pivotal moment for the company, promising enhanced operational efficiency and growth potential.

Background of the Merger

The merger process began earlier in the summer, culminating in a public announcement on September 1, 2025, where it was confirmed that all conditions necessary for the merger had been fulfilled. This timely execution was in line with Aker Horizons' strategic objectives, aiming to optimize shareholder value while underpinning the company’s future growth trajectory.

To facilitate the merger, Aker Horizons distributed shares from its subsidiary, Aker Horizons Holding AS (AKHH), as a dividend-in-kind. This was a crucial step as it allowed shareholders to enjoy the benefits of the merger directly through the distribution of shares and a cash dividend.

Shareholder Benefits

Eligible shareholders, recorded as of September 4, 2025, were to receive a merger consideration valued at NOK 0.267963 in cash along with 0.001898 shares of Aker ASA for each share owned in Aker Horizons. It's essential to note that due to rounding rules, fractions of shares wouldn't be allotted to shareholders; instead, those would be dealt with by DNB Bank ASA, allowing a more streamlined distribution process.

The transition was seamless, with shares expected to reflect in the VPS accounts of shareholders by September 12, 2025. This effectively reassures stakeholders regarding Aker Horizons' commitment to maximizing shareholder value post-merger.

Strategic Importance

The merger aligns with Aker ASA's broader corporate strategy, delivering synergies that will likely enhance operational capabilities across several markets. As market demands evolve, this consolidation places Aker Horizons in a robust position to respond with agility and innovation, ensuring they remain competitive against rivals in the renewable energy sector and beyond.

Aker Horizons’ dual strategy of merging Aker Horizons Holding AS with AKH HoldCo AS not just retains the ownership structure of Aker Horizons shares, but expands their financial instruments, thereby increasing the attractiveness of the company to future investors. By having shares in both Aker Horizons and Aker ASA, investors see enhanced prospects for dividend influx and capital appreciation.

Looking Ahead

With the formalities completed, Aker Horizons aims to leverage this merger to navigate through market challenges while focusing on sustainable energy solutions. As described on their corporate website, this strategic alignment will allow Aker to further its commitment to sustainable growth, aligning with global efforts to transition to renewable energy sources.

The future outlook for Aker Horizons post-merger looks promising. The company's commitment to evolving and adapting to market needs, combined with the financial benefits distributed to shareholders, sets a constructive tone for the coming periods. Stakeholders eager to follow Aker's progress can access further information about the company and its commitments by visiting Aker ASA's website.

For more insights and company news, shareholders and interested parties can reach out to Aker’s investor relations representatives or follow their press releases as they further develop their growth strategy post-merger.