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0IPT Akastor Asa

17.50
0.00 (0.00%)
28 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Akastor Asa LSE:0IPT London Ordinary Share NO0010215684 AKASTOR ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 17.50 167 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 539M -262M -0.9562 -18.30 4.8B

Akastor ASA: Settlement of USD 20m seller's credit

30/06/2023 1:16pm

PR Newswire (US)


Akastor Asa (LSE:0IPT)
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FORNEBU, Norway, June 30, 2023 /PRNewswire/ -- Reference is made to the stock exchange announcement on 29 November 2022 by Akastor ASA (OSE: AKAST) ("Akastor") regarding the sale by Akastor of certain preference shares to Odfjell Drilling, of which USD 20 million of the USD 95.2 million purchase price was to be settled pursuant to a seller's credit arrangement with maturity date 31 July 2024. Following a recent refinancing in Odfjell Drilling, the USD 20 million seller's credit has now been fully and finally settled.

For further information, please contact:

Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
Oyvind.paaske@akastor.com

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation.

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

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/akastor-asa-settlement-of-usd-20m-sellers-credit-301867975.html

Copyright 2023 PR Newswire

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