Forsinkede kurser. Sist oppdatert: tirsdag 21. mai  

15/05-2019 19:20:45: (HEX) Demerger Flakk Composites AS

On 15.05.2019, the board of directors of Flakk Composites AS resolved to propose
to  its shareholders  meeting that  Flakk Composites  AS shall  demerger certain
assets  to two entities to be incorporated  as part of the demerger, included in
which  are 25 000 000 shares in  Hexagon Composites ASA.  Flakk Composites AS is
wholly  owned by Flakk Gruppen AS, a company owned 98.7% by Knut Flakk, chairman
of the board of Hexagon Composites ASA. Flakk Composites AS will change its name
to Flakk Rollon AS as part of the demerger.

After,  and subject  to, completion  of the  demerger Flakk  Rollon AS will hold
4 340 504 shares  (2,37%) of  the total  number of  shares in Hexagon Composites
ASA,  whilst Flakk Composites AS (acquiring  entity 1, to be established) and KF
Finans AS (acquiring entity 2, to be established), which will be incorporated as
wholly  owned  subsidiaries  of  Flakk  Gruppen  AS, will hold 20 000 000 shares
(10,91%)  and  5 000 000 shares  (2,73%),  respectively,  of the total number of
shares in Hexagon Composites ASA.

The total holding of Knut Flakk and his close associates, including Flakk Rollon
AS,  Flakk  Composites  AS  and  KF  Finans  AS,  remains  unchanged  in Hexagon
Composites ASA. The demerger is expected to take place at the start of Q3 2019.

For  more information: Flakk Gruppen AS,  by Knut Flakk Telephone: +4799746000 /
knut.flakk@flakk.no (mailto:knut.flakk@flakk.no)

This  information is subject to the  disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Ekstern link: https://newsweb.oslobors.no/message/477155

Nyheten er levert av OBI.