Aker ASA: Ocean Yield ASA: Primary insider disclosure
Reference is made to the stock exchange release published by Ocean Yield ASA (“Ocean Yield”, “the Company”) on 21 November 2019 regarding a private placement of up to 15,935,143 new shares in the Company (“the Private Placement”). Erøy AS, a company controlled by Øyvind Eriksen, President and CEO of Aker ASA, the majority shareholder of Ocean Yield, was allocated 75,000 shares in the Private Placement, at a purchase price of NOK 45. Following completion of the Private Placement, Erøy AS holds 325,000 shares in the Company, constituting 0.19 per cent of the Company’s shares and votes.