Gulf Oil and Gas accountACCOUNT

Demerger of Mogster Mohn Offshore AS and Disclosure of Large Shareholdings

Source: www.gulfoilandgas.com 6/17/2020, Location: Europe

Reference is made to the announcement made on 16 June 2020 regarding the demerger of Møgster Mohn Offshore AS ("MMO"). The general meeting of MMO has resolved the demerger. Upon completion of the demerger, after the statutory creditor notice period, 50,631,329 of the 150,638,643 shares MMO owns in DOF ASA will be transferred to Perestroika Industri AS, which will result in Perestroika Industri AS holding shares representing 16.45% of the outstanding shares in DOF ASA.

Perestroika Industri AS is a company wholly owned by Perestroika AS, which in turn is owned by Frederik W. Mohn.

MMO will following completion of the demerger hold 100,007,314 shares, representing 32.49% of the outstanding shares in DOF ASA.

Laco AS, as the majority shareholder in MMO, will after completion of the demerger indirectly own approximately 100,004,814 shares (representing 32.49% of the outstanding shares) in DOF ASA.

Mergers and Acquisitions News in Norway >>

Australia >>  3/3/2021 - HIGHLIGHTS:
• Unlocking unrecognized value for shareholders through proposed demerger and separate ASX listing of Armour’s Northern Basin Oil & ...

Canada >>  3/3/2021 - TC Energy Corporation, and TC PipeLines, LP announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement a...

United Kingdom >>  3/3/2021 - - Further enables shift to a global leader in high-value solutions
Continue to expect $0.52 to $0.57 of adjusted EPS accretion from PA for fisca...

United States >>  3/3/2021 - EDP Renewables (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), has closed on its acquisition of a majority inte...

Canada >>  3/2/2021 - Terra Nova Resources Inc. has received conditional approval from the Canadian Securities Exchange (the “CSE”) for the proposed fundamental change invo...
United States >>  3/2/2021 - Baker Hughes and Akastor have announced an agreement to create a joint venture company that will bring together Baker Hughes' Subsea Drilling Systems ...




Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.