Reference is made to the stock exchange announcement made by
The Mergers are not subject to approval by the Company's general meeting as the Company is not a direct party to the Mergers and will only issue consideration shares. The Company plans to use the proposed board authorization relating to future share capital increases to issue the consideration shares for the Mergers. In order to maintain flexibility following the Mergers, the Board has amended its proposed resolution to the AGM with respect to the proposed board authorization relating to future share capital increases. The original proposed resolution gave the board an authorization to increase the share capital by up to 20% of the Company's current share capital as was consistent with its prior authorization in 2021. The Company expects to increase the share capital by approximately 13.22% related to the Mergers and has as a result proposed to increase the board authorization to 35% to cater for the Mergers, while leaving an approximate 20% authorization based on the shares outstanding after the Mergers have been completed, as per the original proposal.
The Mergers are expected to be completed during
Please find attached the updated Board of Directors' proposed resolution for the 2022 annual general meeting, where the above has been reflected. The document will also be made available at www.akerhorizons.com.
ENDS
Contact Information:
Investor contact:
Christian Yggeseth, +47 915 10 000, christian.yggeseth@akerhorizons.com
Media contacts:
About
www.akerhorizons.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
https://news.cision.com/aker-horizons/r/aker-horizons-asa--updated-proposed-resolutions-by-the-board-of-directors-to-the-2022-agm,c3535448
https://mb.cision.com/Public/20659/3535448/81845e1223743f10.pdf
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