The board of directors of Aker BioMarine ASA has resolved to transfer the fisheries business of the group in Argentine and on the Faroe Islands to Aker Ocean Harvest AS. The shareholders of Aker BioMarine will be offered shares in the newly established company Aker Ocean Harvest AS.
– The restructuring is a strategic move to focus the business of Aker BioMarine on marine biotechnology, based on the krill resources in the Antarctic, says Leif Arne Langøy, CEO of Aker and chairman of the board of directors in Aker and Aker BioMarine.
Assets and liabilities related to the fisheries business in Argentine and on the Faroe islands will be transferred to Aker Ocean Harvest AS. The shareholders of Aker BioMarine will be offered to acquire all shares, and to participate in a share issue, in Aker Ocean Harvest.
The transaction is contemplated executed by selling 9,011,212 existing shares in Aker Ocean Harvest at an offer price of NOK 22.58 per share. In addition a share issue comprising 9,011,212 new shares in Aker Ocean Harvest AS offered at a subscription price of NOK 18.31 per share is contemplated.
