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

Aker Horizons ASA Completes Merger with AKH HoldCo

Aker Horizons ASA has successfully finalized its merger with AKH HoldCo AS, marking a significant milestone for the company and the energy industry. The merger process, which aligns with Aker Horizons’ strategic goals, was officially declared complete on 1 September 2025, following the fulfillment of all necessary conditions. This merger not only strengthens Aker Horizons' market position but also enhances shareholder value through direct participation in the merger benefits.

The progression toward this merger has been communicated through various announcements from Aker Horizons ASA. The merger involved Aker Horizons Holding AS, a subsidiary of the company, and AKH HoldCo AS, created to facilitate an advanced and cohesive framework for operations within the energy sector. As part of the merger, Aker Horizons ASA distributed shares in its subsidiary, Aker Horizons Holding AS, as a dividend in-kind, allowing shareholders to directly benefit from the merger consideration.

On 4 September 2025, the eligible shareholders, who had been recorded in the VPS (the Norwegian Central Securities Depository), received their share distributions. This allocation included cash considerations amounting to NOK 0.267963 per share, along with 0.001898 shares in Aker ASA for every share owned in Aker Horizons. To manage fractional shares resulting from this calculation, Aker Horizons has structured a process involving DNB Bank ASA to ensure a fair redistribution of surplus shares.

For shareholders holding Aker Horizons shares as of the record date (8 September 2025), the merger completion results in additional shares and cash benefits, reinforcing their investment in the company. The shares from Aker ASA will be delivered to the VPS accounts of eligible shareholders, while the merit from cash distributions is expected to be processed by around 12 September 2025.

The strategic significance of this merger cannot be overstated. It represents Aker Horizons' commitment to positioning itself strongly within the evolving energy landscape in Norway and beyond. By merging with AKH HoldCo, Aker Horizons aims to streamline operations, reduce costs, and expand its capabilities in fulfilling energy demands sustainably.

Moving forward, Aker Horizons continues to advocate for innovative solutions within the energy sector. The company remains committed to its shareholders and seeks to provide valuable insights into its future endeavors. For more detailed information about the company's strategic direction and the prospects following the merger, stakeholders are encouraged to contact the investor relations department.

In summary, the completion of this merger signifies a new chapter for Aker Horizons ASA. With enhanced operational capabilities and strategic focus, the company is well-positioned to thrive in the competitive energy market. This move illustrates a proactive approach towards not only meeting current energy demands but also paving the way for sustainable practices that align with global energy transition goals.