(This is a copy of announcement from Aker ASA,
17.07.2014 at 13:30 hours.)
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL
Reference is made to the on-going rights issue in Det
norske oljeselskap ASA (the "Company") (the "Rights
Issue").
Aker Capital AS is a primary insider in the Company
and currently holds 70 339 610 shares in the Company.
Today Aker Capital AS has exercised its subscription
rights for 30 949 428 new shares in the Rights Issue,
equalling the number of subscription rights granted
to Aker Capital AS in its capacity as shareholder in
the Company.
Following the allocation of the new shares in the
Rights Issue and registration of the new shares with
the Norwegian Register of Business Enterprises, Aker
Capital AS will hold 101 289 038 shares in the
Company, equalling an unchanged ownership of 49.99%
of the total shares in the Company.
***
This announcement is not for publication or
distribution, directly or indirectly, in the United
States (including its territories and possessions, any
state of the United States and the District of
Columbia). This announcement does not constitute or
form part of any offer or solicitation to purchase or
subscribe for securities in the United States.
Securities may not be offered or sold in the United
States absent registration or an exemption from
registration. The securities referred to herein have
not been and will not be registered under the U.S.
Securities Act of 1933, as amended(the "U.S.
Securities Act"), or With any securities regulatory
authority of any state or other jurisdiction of the
United States, and may not be offered or sold in the
United States or to, or for the account of, U.S.
persons (as such term is defined in Regulation S
under the U.S. Securities Act), except pursuant to an
effective registration statement under, or an
exemption from the registration requirements of, the
U.S. Securities Act. All offers and sales outside the
United States will be made in reliance on Regulation
S under the U.S. Securities Act. No public offering of
securities is being made in the United States.
About Det norske:
Det norske oljeselskap ASA (DETNOR) is an active
company on the Norwegian Continental Shelf. The
Company's headquarters is in Trondheim. The Company
also has offices in Oslo and Harstad. The Company is
listed on the Oslo Stock Exchange with the
ticker "DETNOR". More about Det norske at
www.detnor.no/en/
This information is subject to disclosure
requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.
[HUG#1829153]