Akastor ASA: The board of directors' proposal to the annual general meeting

13 March 2015 - The annual general meeting of Akastor ASA will be held on Wednesday 8 April 2015 at 09:00 a.m. CEST at Fjordalleen 16 in Oslo, Norway.
In the board meeting 13 March 2015, the board of directors resolved to propose to the annual general meeting of Akastor that the board is authorized to increase the company's share capital for the purpose of (i) financing investments and acquisitions and (ii) distributing dividend in the form of shares, each authorization limited to 25 percent of the share capital. The notice of meeting and proposed resolutions will be published and sent to the shareholders 17 March 2015.
For further information, please contact:

Tore D. Langballe
Head of Communications and Investor Relations
Mob: +47 907 77 841
E-mail: tore.langballe@akastor.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: Akastor ASA via Globenewswire