Brief: Aker Philadelphia Shipyard begins open market partial tender

Philly Shipyard ASA

10/11/2014 06:55

OSLO, Nov 10 (Reuters) - Aker Philadelphia Shipyard ASA 
 AKPS.OL  
    * Commences open market partial tender offer for up to 
250.000 shares at NOK 125 per share 
    * AKPS has retained Pareto Securities as arranger to advise 
on and effect the offer 
    * The acceptance period commences immediately and will close 
at 1600 GMT on Monday 
    * AKPS holds a total of 185,203 own shares before the offer, 
constituting approximately 1.47% of the company's shares and 
votes. 
 
Source text for Eikon:  ID:nHUGLH91Y  
Further company coverage:  AKPS.OL  
 
 (Reporting by Gwladys Fouche) 
 ((gwladys.fouche@thomsonreuters.com; +47 23 31 65 94; Reuters 
Messaging: gwladys.fouche.reuters.com@reuters.net)) 
 
Keywords: AKERPHILADELPHIASHIPYARDASA PARTIAL TENDER OFFER/