London, April 16, 2025 - Reference is made to the stock exchange announcement of
March 5, 2025, stating that Stolt-Nielsen Limited (Oslo Børs: SNI), through its
subsidiary Stolt-Nielsen Gas Ltd. had resolved to proceed with a compulsory
acquisition of the shares of Avenir LNG Limited ('Avenir LNG') not already owned
by Stolt-Nielsen Gas Ltd.
Stolt-Nielsen Limited is pleased to announce that the compulsory acquisition
process has been successfully completed, and Avenir LNG is now fully owned by
Stolt-Nielsen Gas Ltd.
A request to have Avenir LNG delisted from Euronext N-OTC will be submitted, and
it is expected that such delisting will occur shortly.
Advisors
DNB Markets, a part of DNB Bank ASA, acted as financial advisor to Stolt-Nielsen
Limited, and Advokatfirmaet Thommessen AS acted as legal advisor to Stolt-
Nielsen Limited, in connection with the compulsory acquisition process.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
For additional information please contact:
Jens F. Grüner-Hegge
Chief Financial Officer
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com (mailto:j.gruner-hegge@stolt.com)
Ellie Davison
Head of Corporate Communications
UK +44 (0) 20 7611 8926
e.davison@stolt.com (mailto:e.davison@stolt.com)
About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the 'Company') is a long-term investor and manager of
businesses focused on opportunities in logistics, distribution and aquaculture.
The Stolt-Nielsen portfolio consists of its three global bulk-liquid and
chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt
Tank Containers - Stolt Sea Farm and various investments. Stolt-Nielsen Limited
is listed on the Oslo Stock Exchange (Oslo Børs: SNI).