Endúr : Endúr ASA - Mandatory notification of trade in conjunction with issue of new share capital in relation to completed merger with Oceano AS.
October 19, 2020 at 01:10 am
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Endúr ASA - Mandatory notification of trade in conjunction with issue of new share capital in relation to completed merger with Oceano AS.
19.10.2020 07:00
https://newsweb.oslobors.no/message/515679
Reference is made to the stock exchange announcement distributed on 16 October 2020 related to the successful registration and issue of 215,021,018 new shares in relation to Endúr's completed merger with Oceano AS. In connection with the issue of the merger shares, the below shareholders have passed mandatory thresholds for notification of shareholding. The calculation is based on a total number of issued shares in Endúr ASA after the completed merger of 498,112,035 shares. **Handeland Industri AS will own 61,325,000 shares, corresponding to 12.3 % of the total issued share capital. **Brian Chang Holdings Ltd will own 30,251,443 shares, corresponding to 6.1 % of the total issued share capital. **AS Flyfisk will own 23,064,606 shares, corresponding to 4.6 % of the total issued share capital. **Tatomi Invest AS will own 15,775,000 shares, corresponding to 3.2 % of the total issued share capital. Further, in connection with the issue of the consideration shares in the merger, at an exchange ratio of 1 share in Oceano AS providing for 0.38114 (rounded) shares in Endúr ASA, the below primary insiders will receive new shares in Endúr ASA: **Gimle Invest AS, a company controlled by chairman in Endúr ASA Øivind Horpestad, will receive 10,706,514 consideration shares. Gimle Invest AS will, after the transaction, own a total of 11,373,180 shares, corresponding to 2.3 % of the total issued share capital. **Tight Holding AS, a company controlled by VP Business Development in Endúr ASA Ivar-Andreas Monefeldt, will receive 14,510,137 consideration shares. After the transaction, Ivar-Andreas Monefeldt will, together with Tight Holding AS, control a total of 15,950,860 shares, corresponding to 3.2 % of the total issued share capital.
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Endur ASA published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 05:09:03 UTC
Endur ASA, formerly Bergen Group ASA is a Norway-based supplier of construction and maintenance projects. The Company delivers also services, and solutions for marine infrastructure, including facilities for land-based aquaculture, quays, harbors, dams, bridges and other specialized concrete and steel projects. Endur ASA consists of three reportable segments: Marine Infrastructure, that consists of Installit AS, among others, an engineering and technology company providing project management and engineering services within subsea cable installation and marine operations for the marine and renewables industries; Aquaculture Solutions that consists of Endur Sjosterk AS, among others, that manufactures floating concrete structures largely by way of feed barges for the aquaculture industry, and Other, that comprises Endur Maritime AS, Endur AAK AS and Endur ASA.