The board of directors of the Oslo Stock Exchange has approved the listing of shares in Aker Solutions Holdings ASA, to be renamed Aker Solutions ASA on completion of the demerger of Aker Solutions.
The board also granted permission for trading in the share to commence on 29 September.
Aker Solutions Holding ASA was created to facilitate the demerger of Aker Solutions into two independent companies. It will be renamed Aker Solutions ASA on completion of the separation announced in April this year. The existing Aker Solutions will be renamed Akastor ASA, an oil-services investment company created by the separation.
All conditions for consummating the demerger have been satisfied and the consummation will be registered with the Norwegian Registry of Business Enterprises after the close of trading on the Oslo Stock Exchange on September 26.
Adapted from press release by Katie Woodward