Lysaker, 5 May 2025
AMSC ASA (under liquidation) (AMSC) currently holds 91,422,601 shares in Solstad Maritime ASA (SOMA), equalling approximately 19.6% of the shares in the company. SOMA has today published its 2025 first quarter results, which can be found on https://newsweb.oslobors.no/message/645222.
On 24 April 2025, the annual general meeting of AMSC resolved to distribute the company's shares in SOMA as dividend-in-kind to its shareholders in connection with the contemplated listing of SOMA on Euronext Oslo Børs, and also resolved that AMSC shall be liquidated.
The dividend-in-kind is conditional upon necessary approvals by Euronext Oslo Børs related to the listing of SOMA on Euronext Oslo Børs. As announced on 1 April 2025, subject to such approval AMSC expects that the last day of trading of the AMSC share including the rights to receive 1.272 SOMA shares per share held in AMSC (rounded down to the nearest whole number of shares) is on 6 May 2025, and that the shares of AMSC will be traded ex such dividend from and including 7 May 2025.
Furthermore, due to the ongoing liquidation process, AMSC will not publish quarterly results for the first quarter ended 31 March 2025.
Contact:
Pål Magnussen, +47 90 54 59 59
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.