The Board of Multiconsult ASA proposes to establish a new legal structure for
the Multiconsult group. The company's Norwegian operational activities will be
demerged and then merged into a wholly-owned subsidiary. The purpose of the new
legal structure is to establish a more efficient legal structure for the
Multiconsult group.
The Board of Multiconsult ASA has therefore decided to propose to its
shareholders that the company's business, as defined in a demerger plan dated 15
May 2017, is demerged to the newly established company MC Newco AS, followed by
a merger of the business into Multiconsult ASA's newly established and wholly
-owned subsidiary, Multiconsult Norge AS. The merger consideration will be
issued by Multiconsult ASA by increasing the nominal value of existing shares in
Multiconsult ASA (a so called "group merger").
The shareholders of Multiconsult ASA will have the same number of shares with
the same nominal value in Multiconsult ASA after the new legal structure is
established. The equity of Multiconsult ASA will also be the same before and
after the transactions. The new legal structure only entails that the Norwegian
operational activities, as defined in the demerger plan, will be transferred
from Multiconsult ASA to a wholly-owned subsidiary.
The resolutions to establish new legal structure will be presented at
extraordinary general meetings of Multiconsult ASA, MC Newco AS and Multiconsult
Norge AS on 23 June 2017, and is expected to be completed in the end of August
2017.
The demerger plan and the merger plan is available at the company's web page,
www.multiconsult.no.