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  • Axactor Head office
    Drammensveien 167 N 0277 Oslo, Norway
    http://www.axactor.com
  • Kyrre Svae

    Chief of Strategy and IR


    +47 478 39 405
    http://www.axactor.com
  • Johnny Tsolis

    CEO


    +47 913 35 461
    http://www.axactor.com
  • Vibeke Ly

    Chief of staff


    +47 911 79 195
    https://www.axactor.com

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    Axactor ASA: Annual report 2023

    ANNUAL REPORTAxactor ASA's Annual report, including the Sustainability report for 2023, is published today, 17 April 2024. The Annual report is available on Axactor's website: www.axactor.com DIVIDENDSThe Board of Directors proposes to the Annual General Meeting to be held on 8 May 2024 not to distribute any dividend for the financial year 2023 at the time of the annual general meeting. The Board decision is based on an overall assessment of the current market conditions. The Board recognizes that these conditions may change rapidly and has therefore requested an authorization from

    Axactor ASA: Notice to annual general meeting 2024

    Axactor ASA welcomes you to the annual general meeting 2024. The meeting will be held on 8 May 2024 at 10.00 CEST as a virtual meeting only. By attending the online meeting, you will be able to listen to a live audiocast of the meeting, see the presentation, submit questions relating to the items on the agenda and cast your votes in the real time poll of the annual general meeting. Attachment:*Notice to Axactor ASA annual general meeting 2024 The notice to the annual general meeting with appendices and registration forms are available at www.axactor.com. For further

    Axactor ASA: Mandatory Notification of Trade by Primary Insider

    Oslo, 15 March 2024 Karl Todsen Mamelund (Chief Investment Officer in Axactor ASA), has on 14 March 2024 acquired 21,858 shares in the Company at an average price of 4.63 per share. After this transaction Karl Todsen Mamelund controls 196,858 shares in the Company. Please refer to the attached notifications of transactions for further details. This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

    Axactor ASA: Fourth quarter financial results and financial targets

    (Oslo, 15 February 2024) Axactor ASA (Axactor, OSE: ACR) announce fourth quarter financial results and financial targets for 2026. FINANCIALSKey figures Q4 and full year 2023 for continuing operations (change from Q4 and full year 2022 in brackets)* Gross revenue- Q4: EUR 85m (down 4%)- FY2023: EUR 344m (up 2%) Total income- Q4: EUR 65m (up 3%)- FY2023: EUR 257m (up 7%) EBITDA- Q4: EUR 34m (up 10%)- FY2023: EUR 132m (up 11%) Cash EBITDA- Q4: EUR 55m (down 4%)- FY2023: EUR 221m (up 1%) Annualized return on equity- Q4: 9% (down 1pp)- FY2023: 8% (down

    Axactor ASA: Invitation to presentation of Q4 2023 results

    Axactor ASA will publish its fourth quarter 2023 results on Thursday 15February 2024. 07:00 am CET: The report and presentation will bemade available on axactor.com and newsweb.oslobors.no. 10:00 am CET: The results will be presented in a globalinvestor webcast with a live Q&A session. A recording of the webcast will bemade available after the live stream is concluded on axactor.com. Webcast participation will be possible via the following: Streaming- https://eu-app.webinar.net/paxw9o13K7g Phone- Dial-in pin: 885660- Norway: +47 81 50 33 08- Sweden: +46 10 884

    Axactor ASA: Extraordinary general meeting

    Today, Axactor ASA held an extraordinary general meeting, as notified on 17 November 2023 through a stock exchange notice. The extraordinary general meeting approved the proposal from the nomination committee, to appoint Ørjan Svanevik as a new member to the board of directors, until the annual general meeting in 2025. After the general meeting, the board has the following composition: Terje Mjøs as chair, and Brita Eilertsen, Lars Erich Nilsen, Kjersti Høklingen and Ørjan Svanevik as board members. The minutes from the meeting are enclosed, and available at the company’s website.

    Axactor ASA: Mandatory Notification of Trade by Primary Insider

    Oslo, 22 November 2023 Terje Mjøs Holding AS, a company controlled by Terje Mjøs (Chair of Board of Axactor ASA), has on 22 November 2023 acquired 50,000 shares in the Company at an average price of 4.92 per share. After this transaction Terje Mjøs controls 700,000 shares in the Company. Please refer to the attached notifications of transactions for further details. This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

    Axactor ASA: Notice of extraordinary general meeting

    The board of directors of Axactor ASA calls for an extraordinary general meeting to be held on 11 December 2023 at 13.00 p.m. at Axactor ASA's headquarter at Drammensveien 167, Oslo, Norway, upon recommendation from the nomination committee, to elect Ørjan Svanevik as a new member to the board of directors of Axactor ASA. There is no further decision points on the agenda. Attachments: *Notice to Axactor ASA extraordinary general meeting The notice to the extraordinary general meeting with appendices and registration forms are available at www.axactor.com.  For further information,

    Axactor ASA: Third quarter financial results

    (Oslo, 2 November 2023) Axactor ASA (Axactor, OSE: ACR) announce third quarter financial results. Key figures Q3 2023 for continuing operations (change from Q3 2022 in brackets)*- Gross revenue of EUR 84m (up 3%)- Total income of EUR 64m (up 9%)- EBITDA of EUR 34m (up 15%)- Cash EBITDA of EUR 55m (up 2%)- Annualized return on equity 6% (down 4ppt)- NPL investments of EUR 19m (down 72%) “During the quarter we have successfully refinanced our 2024 bond maturity, and I am pleased to see that we now have no further credit maturities until June 2026. This gives us security in a

    Axactor ASA: Invitation to presentation of Q3 2023 results

    Axactor ASA will publish its third quarter 2023 results on Thursday 2 November 2023. 07:00 am CET: The report and presentation will be made available on axactor.com and newsweb.oslobors.no. 10:00 am CET: The results will be presented in a global investor webcast with a live Q&A session. A recording of the webcast will be made available after the live stream is concluded on axactor.com. Webcast participation will be possible via the following: Streaming- https://eu-app.webinar.net/zroym03eG1X Phone- Dial-in pin: 632891- Norway: +47 81 50 33 08- Sweden: +46 10 884 80 16

    AXACTOR ASA – Satisfaction of conditional call

    We refer to the stock exchange notice published 28 August 2023 regarding the exercise of Axactor's call option under to redeem all outstanding bonds (EUR 200,000,000) under our senior unsecured bond issue (with ISIN NO0010914666). The exercise of the call option was conditional on the successful issue of certain bonds under the Axactor ASA senior unsecured bond issue (with ISIN NO0013005264). We are pleased to confirm that the condition has been satisfied and that all outstanding bonds will be redeemed as set out in the stock exchange notice published 28 August 2023. The outstanding

    Axactor ASA: Result of bondholders meeting 31 August 2023

    Reference is made to the summons to bondholders meeting dated 17 August 2023 in relation to Axactor's existing bond issue with ISIN NO0011093718 and to the stock exchange notices published 17 August 2023 and 24 August 2023 in this respect. Nordic Trustee AS has today informed Axactor ASA that the bondholders have adopted the proposal as described in the summons. The changes adopted to the bond terms are that the Interest Cover Ratio is reduced from minimum 4.0x to minimum 3.0x and that the Total Secured Loan to Value Ratio is reduced from maximum 65% to maximum 60%. As compensation, Axactor

    Axactor ASA: Mandatory Notification of Trade by Primary Insiders

    Oslo, 30 August 2023 Terje Mjøs Holding AS, a company controlled by Terje Mjøs (Chair of Board of Axactor ASA), has on 30 August 2023 acquired 23,805 shares in the Company at an average price of 5.37 per share. After this transaction Terje Mjøs controls 650,000 shares in the Company. Please refer to the attached notification of the transaction for further details. This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian SecuritiesTrading Act section 5-12.

    Axactor ASA: Mandatory Notification of Trade by Primary Insiders

    Oslo, 29 August 2023Terje Mjøs Holding AS, a company controlled by Terje Mjøs (Chair of Board of Axactor ASA), has on 28 August 2023 acquired 26,195 shares in the Company at an average price of 5.39 per share. After this transaction Terje Mjøs controls 626,195 shares in the Company. Please refer to the attached notifications of transactions for further details. This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

    Axactor ASA – Notice of exercise of call option

    We refer to the stock exchange notice published 25 August 2023 regarding the successful placement of a new senior unsecured bond issue. Axactor ASA has today notified Nordic Trustee AS that it will exercise the call option to redeem all outstanding bonds (EUR 200,000,000) under its senior unsecured bond issue (with ISIN NO0010914666) and each Bondholder is hereby given notice thereof. The bonds were issued 12 January 2021 with maturity 12 January 2024. The exercise of the call option is conditional upon certain conditions as set out in the Call Option Notice being satisfied no later than

    Axactor ASA: Successful placement of new senior unsecured bond issue

    Axactor ASA (“Axactor”), rated B1 (Positive) / B (Stable) by Moody’s/S&P, has successfully completed a new 4-year senior unsecured bond issue of NOK 2,300 million. The bond will carry a coupon of 3m NIBOR + 8.25%.  The net proceeds from the bond issue will be used to call the remaining outstanding amount of “ACR02” (ISIN NO0010914666) and for general corporate purposes. An application will be made for the bonds to be listed on Oslo Stock Exchange. Concurrently with the new bond issue, Axactor has repurchased approximately EUR 49.6 million in the outstanding bond issue "ACR02". Arctic

    Axactor ASA: Amendment to bondholders’ summons

    Oslo, Norway – 24 August 2023 – Axactor ASA FRN senior unsecured EUR 400,000,000 bonds 2021/2026 with NO0011093718 (the “Bond Issue”). Reference is made to the summons to a Bondholders' Meeting in the Bond Issue published on 17 August 2023 (the “Initial Summons”). Following discussions between the Issuer and certain Bondholders in advance of the Bondholders’ Meeting, the Issuer has agreed to make certain amendments to the amendment fee (as described in Clause 4 (Amendment fee) of the Initial Summons) by increasing the amendment fee from 0.25% of the Nominal Amount of the Outstanding Bonds

    Axactor ASA: Fixed income investor meetings

    Axactor ASA ("Axactor"), rated B (Stable) by S&P and B1 (Positive) by Moody’s, has mandated Arctic Securities, DNB Markets and Nordea to arrange a series of fixed income investor meetings commencing Friday, 18 August 2023. A new 4-year senior unsecured floating rate bond issue of NOK 2 billion (expected) may follow, subject to inter alia market conditions. In connection with the potential new bond issue, Axactor will offer a conditional buyback of its outstanding bond with ticker "ACR02" due 12 January 2024 (ISIN NO0010914666), which will be contingent upon subscription in the new bond.

    Axactor ASA: Summons to Bondholders’ Meeting

    Axactor ASA ("Axactor"), rated B (Stable) by S&P and B1 (Positive) by Moody’s, has requested Nordic Trustee AS to summon to Bondholders' Meeting (the “Summons”) for its outstanding bond issue with ticker “ACR03” (ISIN NO0011093718), with the purpose of amending the Interest Coverage Ratio and Total Secured Loan to Value Ratio covenants. The Bondholders' Meeting will be held on Thursday, 31 August 2023. For further background and details of the proposed resolution, please see the attached Summons. Arctic Securities, DNB Markets and Nordea have been engaged as financial advisors for

    Axactor ASA: Second quarter and first half year financial results

    (Oslo, 17 August 2023) Axactor ASA (Axactor, OSE: ACR) announce second quarter and first half year financial results. Key figures Q2 2023 for continuing operations (change from Q2 2022 in brackets)*- Gross revenue of EUR 91m (up 5%)- Total income of EUR 65m (up 8%)- EBITDA of EUR 33m (up 9%)- Cash EBITDA of EUR 60m (up 4%)- Return on equity 11% (down 2ppt)- NPL investments of EUR 40m (down 14%) Key figures H1 2023 for continuing operations (change from H1 2022 in brackets)*- Gross revenue of EUR 174m (up 5%)- Total income of EUR 127m (up 8%)- EBITDA of EUR 63m (up 9%)

    Axactor ASA: Invitation to presentation of Q2 2023 results

    Axactor ASA will publish its second quarter 2023 results on Thursday 17 August 2023. 07:00 am CET: The report and presentation will be made available on axactor.com and newsweb.oslobors.no. 10:00 am CET: The results will be presented in a global investor webcast with a live Q&A session. A recording of the webcast will be made  available after the live stream is concluded on axactor.com. Webcast participation will be possible via the following: Streaming- https://eu-app.webinar.net/LD68XZ7YdVz Phone- Dial-in pin: 520967- Norway: +47 81 50 33 08- Sweden: +46 10 884 80

    Axactor ASA: Employee share option plan 2023

    In accordance with the authorization granted by the AGM on 3 May 2023, the board of directors of Axactor ASA has decided to establish a long-term incentive program (LTI 2023) for senior executives and key personnel employed by the Axactor group. The plan encompasses up to 3 500 000 shares. The company's liability with respect to the scheme will be met through holdings of treasury shares or by issuing new shares. Under the LTI 2023, participants will receive share options, which, if certain predefined performance criteria are met within a performance period, can be exercised by paying the

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