Aker Horizons merger complete, shareholders to receive consideration

Aker ASA announced today, September 11, 2025, the completion of the merger between its indirect subsidiary AKH HoldCo AS and Aker Horizons Holding AS, a subsidiary of Aker Horizons ASA. The merger was officially registered.

Eligible Aker Horizons shareholders, as recorded on September 8, 2025, will receive a merger consideration of NOK 0.267963 in cash and 0.001898 shares in Aker for each Aker Horizons share held. Aker will settle the share portion using shares borrowed from its largest shareholder, TRG Holding AS, meaning no new Aker shares will be issued.

Merger consideration shares are expected to be delivered to VPS accounts, and the cash consideration paid, on or about September 12, 2025. Fractions of Aker consideration shares will not be allotted, with numbers rounded down to the nearest whole share. Excess shares will be sold by DNB Bank ASA, with net proceeds distributed proportionately among affected shareholders.