#Norway #Oslo #Aker Horizons #Aker ASA #AKH HoldCo

Aker ASA's Strategic Merger: A New Era Begins

On September 11, 2025, Aker ASA announced the successful completion of its merger with Aker Horizons Holding AS and AKH HoldCo AS, a transformative step that further strengthens its positioning in the market. The merger was officially registered with the Norwegian Register of Business Enterprises, marking a new chapter for the company.

Details of the Merger

The merger entails a strategic consolidation of resources and capabilities between Aker's indirect subsidiary AKH HoldCo and Aker Horizons Holding AS, part of the Aker Horizons ASA group. This collaboration is expected to optimize operational efficiency and enhance shareholder value.

Shareholders of Aker Horizons as of September 4, 2025, who were also listed in the VPS on September 8, 2025, will benefit directly from this merger. Each eligible shareholder will receive a compensation package, which consists of NOK 0.267963 in cash along with 0.001898 shares in Aker for every share owned in Aker Horizons. Notably, Aker has chosen to settle the share portion of the merger compensation using shares that it has borrowed from its principal shareholder, TRG Holding AS. This approach allows Aker to effectively manage its equity distribution without issuing newly created shares.

It is important to note that fractions of Aker shares resulting from the merger will not be distributed to shareholders. Instead, shares that are rounded down to whole numbers will be calculated, and any excess fractions will be liquidated by DNB Bank ASA. The proceeds from this sale will then be proportionately distributed among the shareholders who lack the full consideration shares.

Future Expectations

The merger consideration shares are expected to be delivered to the VPS accounts of eligible shareholders, with the cash portion of the compensation anticipated to be distributed around September 12, 2025. This systematic approach demonstrates Aker's commitment to ensuring a seamless transition for shareholders involved in this strategic initiative.

Overall, the successful completion of this merger provides a strong foundation for Aker ASA’s future growth strategies, positioning the company to take advantage of new opportunities while maximizing existing assets. As the landscape continues to evolve, stakeholders and investors are keenly observing how this merger will impact Aker ASA’s trajectory in the competitive market.

Contact Information

For further information, media inquiries can be directed to Atle Kigen, Head of Media Relations and Public Affairs at Aker ASA, reachable by phone at +47 90 78 48 78 or via email at [protected]. Investor-related inquiries can be sent to Fredrik Berge, Head of IR, at +47 45 03 20 90.

In conclusion, the completion of the merger not only solidifies Aker ASA’s business strategy but also reinforces its commitment to shareholders and stakeholders alike, paving the way for sustainable growth and innovation in the years to come.