UK Markets close in 51 mins
  • FTSE 100

    7,510.79
    +139.33 (+1.89%)
     
  • FTSE 250

    21,987.95
    +342.24 (+1.58%)
     
  • AIM

    1,099.28
    +15.07 (+1.39%)
     
  • GBP/EUR

    1.1966
    +0.0020 (+0.17%)
     
  • GBP/USD

    1.3499
    -0.0007 (-0.0527%)
     
  • BTC-GBP

    28,308.29
    +1,189.01 (+4.38%)
     
  • CMC Crypto 200

    880.11
    +24.30 (+2.84%)
     
  • S&P 500

    4,423.40
    +66.95 (+1.54%)
     
  • DOW

    34,655.61
    +357.88 (+1.04%)
     
  • CRUDE OIL

    87.10
    +1.50 (+1.75%)
     
  • GOLD FUTURES

    1,836.70
    -15.80 (-0.85%)
     
  • NIKKEI 225

    27,011.33
    -120.01 (-0.44%)
     
  • HANG SENG

    24,289.90
    +46.29 (+0.19%)
     
  • DAX

    15,502.80
    +378.93 (+2.51%)
     
  • CAC 40

    7,008.58
    +170.62 (+2.50%)
     

REC Silicon - Disclosure og large shareholding

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • RNWEF
  • RNWEY

Reference is made to the announcement made by REC Silicon ASA (“REC Silicon” or the “Company”) on 14 January 2022 regarding the strategic equity investment agreement between REC Silicon, Hanwha Solutions Corporation (“Hanwha Solution”) and Aker Horizons ASA, through its subsidiary Aker Horizons Holding AS, pursuant to which REC Silicon shall issue, and Hanwha Solutions shall subscribe for, 48,213,001 new shares in REC Silicon at a subscription price of NOK 20 per share (the “Share Issue”) and Aker Horizons Holding AS have agreed to sell and Hanwha Solutions shall acquire 21,891,275 existing shares in the Company at a price of NOK 20 (the “Share Sale”).

Following completion of the Share Sale, Aker Horizons Holding AS’ ownership interest in REC Silicon will be approximately 16.67% through its holding of 70,104,276 shares in the Company. The foregoing calculations are based on 420,625,659 outstanding shares in REC Silicon after the issuance of the new shares in the Share Issue.

This information is subject to the disclosure requirements set out in section 4-2 of the Norwegian Securities Trading Act.


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting