Trade notifications - undertakings to accept recommended voluntary offer
Ocean Yield AS (OCY) · publisert 2021-09-13 05:31 · vis på NewsWeb
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Ingen transaksjoner tolket fra denne meldingen.
Vedlegg
- Notification_of_transactions_by_primary_insiders_and_close_associates_Ocean_Yield_ASA.pdf (tekst hentet ut)
Meldingstekst
In connection with the recommended voluntary cash offer (the "Offer") by Octopus
Bidco AS, a company indirectly owned by funds advised by Kohlberg Kravis Roberts
& Co. L.P. and its affiliates ("KKR"), to acquire all shares of Ocean Yield ASA
("Ocean Yield" or the "Company"), the following persons discharging managerial
responsibilities in Ocean Yield (or their related parties as described below)
have undertaken to accept the Offer for all their shares in the Company as set
out in the announcement of the Offer on 13 September 2021:
· Lars Solbakken, CEO of Ocean Yield, has through his wholly owned company
Finmarine AS undertaken to accept the Offer for his 1,752,880 shares in Ocean
Yield.
· Eirik Eide, CFO of Ocean Yield, has through his wholly owned company Kleiver
Invest AS undertaken to accept the Offer for his 440,051 shares in Ocean Yield.
· Andreas Røde, Head of Business Development and M&A, has through his wholly
owned company Vulpes Holding AS undertaken to accept the Offer for his 65,000
shares in Ocean Yield.
· Andreas Reklev, EVP Investments, has through his wholly owned company Reklev
Invest AS undertaken to accept the Offer for his 40,000 shares in Ocean Yield.
· Øivind Haraldsen, Managing Director of Ocean Yield Malta Ltd. has undertaken
to accept the Offer for his 20,000 shares in Ocean Yield.
· Frank O. Reite, Chairman of the Board of Directors of Ocean Yield, has
through his wholly owned company Fausken AS undertaken to accept the Offer for
his 61,111 shares in Ocean Yield.
· Kjell Inge Røkke, Board Member of Ocean Yield, has undertaken to accept the
Offer for his 280,800 shares in Ocean Yield.
· Jens Ismar, Board member of Ocean Yield, has undertaken to accept the Offer
for his 40,000 shares in Ocean Yield.
· Anne Døvigen, Board member of Ocean Yield, has undertaken to accept the
Offer for her 32,400 shares in Ocean Yield.
In addition, the following related parties have also similarly undertaken to
accept the Offer for all their shares in the Company:
· Aker Capital AS, a subsidiary of Aker ASA and represented on the board of
directors through Kjell Inge Røkke and Frank O. Reite, has undertaken to accept
the Offer for its 108,066,832 Shares.
· Øyvind Eriksen, CEO of Aker ASA, has through his company Erøy AS, undertaken
to accept the Offer for his 325,000 shares.
· Olav Revhaug, General Manager of TRG Holding AS, has through his company
Laffen Holding AS, undertaken to accept the Offer for his 275,000 shares.
This information is subject of the disclosure requirements pursuant to section 5
-2 and 4-2 of the Norwegian Securities Trading Act.
Company contact:
Eirik Eide (CFO), Tel +47 24 13 01 91
Investor Relations contact:
Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82
Company information:
Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.