Skagerak Energi AS (“Skagerak Energi”) announced today a sale of 15.5 million shares in Fjordkraft Holding ASA (”Fjordkraft”) at a price of NOK 77 per share yielding gross proceeds of NOK 1,196 million. The sale was conducted as an accelerated bookbuilding process. After the sale Skagerak Energi no longer holds any shares in Fjordkraft.

Contact

Kristian B. Fyksen

Kristian B. Fyksen

Head of Investment Banking and CEO ABGSC Norway

Kristian.Fyksen@abgsc.no +47 48 01 61 52
Magnus Kvinge

Magnus Kvinge

Co-Head of ECM

magnus.kvinge@abgsc.no +47 22 01 61 27