Aker Solutions ASA: Mandatory Notification of Trade
Concurrent with the expiration of the total return swap reported on November 1, 2013, Aker ASA (“Aker”) has today acquired 891,762 shares in Aker Solutions ASA (“AKSO”) at a price of NOK 97.75 per share.
Following the acquisition, Aker owns 17,331,762 shares in AKSO, representing 6.3 percent of the outstanding shares. In addition, Aker owns 70 percent of the shares in Aker Kvaerner Holding AS, which in turn owns 110,333,615 shares, representing 40.3 percent of the outstanding shares in Aker Solutions. The Norwegian government, through the Ministry of Trade and Industry, owns the remaining 30 percent of Aker Kvaerner Holding AS.