Brief: Aker Horizons Says Sale Of Shares In REC Silicon ASA To Hanwha

Aker Horizons ASA

23/03/2022 04:36

March 23 (Reuters) - Aker Horizons Asa  AKH.OL :
    * SALE OF SHARES IN REC SILICON ASA TO HANWHA
    * AKER HORIZONS WILL SELL 70,104,276 SHARES IN REC SILICON
AT A
PURCHASE PRICE OF NOK 20 PER SHARE
    * FOLLOWING COMPLETION OF TRANSACTION, AKER HORIZONS WILL NO
LONGER OWN ANY SHARES OR HOLD ANY VOTING RIGHTS IN REC SILICON
    * KRISTIAN RØKKE WILL STEP DOWN AS CHAIRMAN OF BOARD OF REC
SILICON IN CONNECTION WITH COMPLETION OF TRANSACTION
    * AN EXTRAORDINARY GENERAL MEETING IN REC SILICON WILL BE
CALLED
FOR TO APPOINT NEW BOARD MEMBERS
    * UNIT AKER HORIZONS HOLDING ENTERED INTO AGREEMENT WITH
HANWHA
SOLUTIONS CORP,HANWHA CORP TO SELL ALL OF CO'S SHARES IN REC
SILICON ASA

Source text for Eikon:  ID:nWkrbB7WQD 
Further company coverage:  AKH.OL 

 ((Reuters.Briefs@thomsonreuters.com;))