Akastor ASA: Mandatory notification of trade

Luis Araujo, director on the board of Akastor ASA (OSE: AKAST), has today sold 25,757 shares at an average price of NOK 8.80 per share.

The sale is associated with Mr. Araujo moving from Norway to Portugal. Following the transaction, Mr. Araujo no longer owns any shares in Akastor.The shares were sold on the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to article 19 in MAR and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
E-mail: oyvind.paaske@akastor.com

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About Akastor

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation.

For further information, please visit homepage: https://akastor.com/


Image: Øyvind Paaske

Øyvind Paaske


Øyvind joined the investment team in Akastor as Investment Manager in 2014 and was appointed CFO of Akastor from 1st March 2020. Prior to this he held the position as Investment Manager at Converto (Aker ASA). Øyvind holds an MSc in Financial Economics from the Norwegian School of Economics and Business Administration (NHH) and UNC Kenan-Flagler Business School.

As per January 12, 2023, Paaske holds 135,083 shares in Akastor ASA.

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