Anchor AS finalizes mandatory offer, takes majority stake in REC Silicon

Anchor AS has successfully concluded its mandatory offer to acquire all remaining shares in REC Silicon ASA. The acceptance period expired on August 29, 2025.

The offeror received acceptances for 68,329,394 shares at an offer price of NOK 2.20 per share, representing approximately 16.24% of REC Silicon's issued share capital and voting rights. Following settlement on September 12, 2025, Anchor AS's total shareholding in REC Silicon will increase to approximately 60.19% of all outstanding shares.

DNB Carnegie and Advokatfirmaet Wiersholm advised Anchor AS, while Arctic Securities AS and Advokatfirmaet Schjødt AS advised REC Silicon. REC Silicon, headquartered in Lysaker, Norway, specializes in producing high-purity silicon gases for the solar and electronics industries.