To simplify the Group structure and to remove unnecessary layers, Endúr ASA has entered into separate merger plans with the subsidiary Endúr Invest AS and with the subsidiary Endúr Bidco AS. Both subsidiaries are without operational activity. The mergers will take place in accordance with the simplified rules for mergers between parent companies and their fully owned subsidiaries in the Norwegian Public Limited Liability Act section 13-24.
The merger plans will be approved by the boards of the above entities once the merger documentation have been made available for the shareholders of Endúr ASA for at least one month. It is therefore stipulated that the merger plans will be approved and sent to the Norwegian Register for Business Enterprises before August 15, 2022, and that the mergers will be completed before the end of September 2022. The merger documentation is available at the company’s website.
This information is published in accordance with the requirements of the Continuing Obligations.
For further information, please contact: Media – Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759 Investors – Einar Olsen, Interim CFO of Endúr, tel: +47 924 01 787
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Lysaker, Bærum, Norway. See www.endur.no
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.