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DFENS Fjord Defence ASA News Story

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Brief: Aquila Holdings Acquires Fjord Defence

May 27 (Reuters) - Aquila Holdings ASA AQUIL.OL:

ACQUISITION OF FJORD DEFENCE, STRATEGIC REPOSITIONING AS A DEFENCE COMPOUNDER, AND NOK 60M PRIVATE PLACEMENT

TO BUY 99% OF FJORD DEFENCE

ACQUISITION VALUES FJORD DEFENCE AT NOK 178.175 MILLION EV

NOK 30 MILLION OF PURCHASE PRICE TO BE SETTLED IN CASH

AGREED PURCHASE PRICE FOR 100% OF SHARES IN FJORD DEFENCE IS NOK 170,175,000

Source text: ID:nObiZzr49a

Further company coverage: AQUIL.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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