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Aker BioMarine ASA Updates on Merger with Aker ASA's Aker Seafoods Holding AS


Monday, 14 Jan 2013 04:16am EST 

Aker BioMarine ASA (AKBM) announced that with reference to the stock exchange notices of September 12, 2012, October 8, 2012 and November 9, 2012 regarding the merger between AKBM as transferor company, and Aker Seafoods Holding AS (AKSH) as transferee company, with consideration shares in AKSH's parent company Aker ASA (AKER), the creditor notice period in connection with the merger expires at midnight on January 14, 2013, and provided that no creditors make any objections to the merger, the last day of trading for the shares in AKBM will be January 15, 2013. The completion of the merger will have the following time schedule: January 14, 2013 - expiration of the creditor notice period; January 15, 2013 - last day of trading for the shares in AKBM and registration of the consummation of the merger in the Norwegian Register of Business Enterprises (after Oslo Stock Exchange closing hours); January 16, 2013 - de-listing of the shares in AKBM from Oslo Stock Exchange and the consideration shares can be traded; January 18, 2013 - transfer of the consideration shares to the eligible shareholders in AKBM; January 21, 2013 - the consideration shares are visible on the eligible holders' VPS accounts, and January 25, 2013 - the eligible shareholder in AKBM receives cash consideration on its registered VPS account. 

Company Quote

173.0
-2.5 -1.42%
10:25am EDT