Aker ASA: Disclosure of shareholdings and primary insider notice
Reference is made to the stock exchange releases published by Ocean Yield ASA ("Ocean Yield") on 31 August 2016 regarding a private placement (the "Private Placement") of 13,462,857 new shares in Ocean Yield.Aker Capital AS ("Aker"), a wholly-owned subsidiary of Aker ASA, was allocated zero new shares in the Private Placement. Aker has entered into a share lending agreement with Pareto Securities AS and Ocean Yield, whereby Aker has agreed to lend 13,462,857 shares in Ocean Yield to Pareto Securities AS, to facilitate timely delivery of shares to subscribers in the Private Placement.