Aker Carbon Capture ASA: Minutes from Extraordinary General Meeting

Rhea-AI Summary

Aker Carbon Capture ASA held an extraordinary general meeting on March 7, 2025, conducted digitally with online participation. The meeting approved all proposed resolutions, including a significant share capital reduction and a dividend distribution of NOK 5.80 per share.

The dividend will be paid in two installments: NOK 4.82 per share to shareholders registered as of March 11, 2025, and NOK 0.98 per share to shareholders registered as of April 29, 2025, subject to the completion of the capital reduction. The creditor notice period for the share capital reduction is expected to run from March 10, 2025, to April 22, 2025.

Positive

• Significant dividend distribution of NOK 5.80 per share approved
• All proposed resolutions passed successfully

Negative

• Share capital reduction may impact company's capital structure

FORNEBU, Norway, March 7, 2025 /PRNewswire/ -- An extraordinary general meeting of Aker Carbon Capture ASA (the "Company") was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice, including the proposed share capital reduction and the proposed dividend of NOK 5.80 per share divided as follows:

1. NOK 4.82 per share shall be paid to the Company's shareholders as of 7 March 2025 (as registered in the VPS as of 11 March 2025), and
2. NOK 0.98 per share shall be paid to the Company's shareholders as of 25 April 2025 (as registered in the VPS as of 29 April 2025) or such other dates which are decided and communicated by the board, subject however to completion of the capital reduction.

The creditor notice period for the share capital reduction is expected to commence on or about 10 March 2025 and expected to expire on or about 22 April.

The minutes of the meeting are attached to this announcement and available on the Company's website www.akercarboncaptureasa.com.

For further information:
Media and Investors: Mats Ektvedt, mobile: +47 41 42 33 28,
e-mail: mats.ektvedt@corporatecommunications.no

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-carbon-capture-asa/r/aker-carbon-capture-asa--minutes-from-extraordinary-general-meeting,c4116101

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https://mb.cision.com/Main/20223/4116101/3307843.pdf

ACC - Minutes of EGM - 7 March 2025

 

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SOURCE Aker Carbon Capture ASA

FAQ

What is the total dividend amount approved for AKRCY shareholders in March 2025?

A total dividend of NOK 5.80 per share was approved, split into two payments of NOK 4.82 and NOK 0.98 per share.

When will AKRCY shareholders receive the first dividend payment?

The first dividend payment of NOK 4.82 will be paid to shareholders registered in VPS as of March 11, 2025.

What is the timeline for AKRCY's share capital reduction creditor notice period?

The creditor notice period is expected to run from March 10, 2025, to April 22, 2025.

When is the second dividend payment scheduled for AKRCY shareholders?

The second payment of NOK 0.98 will be paid to shareholders registered as of April 29, 2025, subject to capital reduction completion.