Reference is made to the respective announcements by Aker Horizons ASA (“Aker Horizons”) and Aker Solutions ASA (“AKSO”) on 30 March 2022 regarding AKSO’s purchase of 100 percent of the shares in Rainpower Holding AS from a subsidiary of Aker Horizons (the “Transaction”).
The agreed consideration for the Transaction consists of two elements: a fixed element of NOK 100 million and a discretionary element of up to NOK 50 million. The fixed element is agreed to be settled by transfer of 5,681,818 shares in Aker Carbon Capture ASA (“ACC”).
The conditions to the Transaction have been satisfied. Following the completion of the Transaction, Aker Horizons will increase its holding in ACC to 261,438,859 shares (43.27%).
Aker Horizons is a person closely related to ACC board member Kristian Monsen Røkke. A primary insider notification pursuant to the Market Abuse Regulation article 19 is attached.
ENDS
Media contact:
Ivar Simensen, mob: +47 464 02 317, email: ivar.simensen@akerhorizons.com
Yannick Vanderveeren, mob: +47 458 36 358, email: yannick.vanderveeren@akercarboncapture.com
Investor contacts:
David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com
Christian Yggeseth, mob: +47 915 10 000, email: christian.yggeseth@akerhorizons.com
Aker Carbon Capture is a pure-play carbon capture company with solutions, services and technologies serving a range of industries with carbon emissions, including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen segments. Aker Carbon Capture’s proprietary, carbon-capture technology offers a unique, environmentally friendly solution for removing CO2 emissions.
Visit akercarboncapture.com and connect with us on LinkedIn, Facebook, Twitter, Instagram and YouTube. This press release may include forward-looking information or statements and is subject to our disclaimer, see akercarboncapture.com.
This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act section 5-12.