American Shipping Company ASA: Major shareholder disclosure
December 23 2016 - 2:09AM
Aker Capital II AS has today completed a
parent-subsidiary merger with its parent company Aker Capital AS
(owning 100% of the shares in Aker Capital II AS prior to the
merger), with Aker Capital AS as the surviving entity.
As part of the parent-subsidiary merger, Aker Capital AS has
assumed Aker Capital II AS' holding of shares in American Shipping
Company ASA. Following completion of the parent-subsidiary merger,
Aker Capital AS accordingly owns 11,557,022 of the issued shares
and votes in American Shipping Company ASA, or 19.07 per cent of
the share capital. Through two TRS agreements, Aker Capital AS also
has financial exposure to 18,687,620 underlying shares in American
Shipping Company ASA, equal to 30.83 per cent of the share capital
of the company.
END
This information is subject to the disclosure requirements pursuant
to section 4-3 of the Norwegian Securities Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: American Shipping Company ASA via
Globenewswire
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