Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination Carriers ASA by Rederiaksjeselskapet Torvald Klaveness through a private placement.
The Seller has successfully sold 6,537,608 shares in the Company (equal to approx. 11.0% of the Company’s outstanding shares) at NOK 94.70 per share.
Following completion of the Offering, the Seller holds 26,000,000 shares in the Company (equal to approx. 43.69% of the Company’s outstanding shares), thereby dropping below the 50% disclosure threshold set out in the Norwegian Securities Trading Act Section 4-2. The Seller has entered into a 90-day customary lock-up with the Managers on the remaining shares in the Company held by the Seller after the Offering.
The Seller remains committed to being the Company’s leading long-term shareholder with a holding representing at least negative control. The Seller strongly believes in the unique combination carrier concept developed over decades, as well as the underlying markets for the Company’s services. From the Seller’s perspective, the Offering is intended to improve trading liquidity and free float in the Company’s shares, and to rebalance its portfolio of group companies.
The notification of allocation in the Offering is expected to be communicated on or about 3 September 2026 (T) before 09:00 CEST. The settlement in the Offering is expected to take place on or about 7 September 2026 on a delivery versus payment basis (normal DVP T+2). The Offer Shares will be tradeable on Oslo Børs from T.
The Seller is represented on the Company’s board of directors by the Chair of the Board Ernst Meyer and Board member Gøran Andreassen.
Clarksons Securities AS, Fearnley Securities AS, and Pareto Securities AS acted as Joint Global Coordinators and Joint Bookrunners in the Offering (the “Managers”).
Advokatfirmaet Schjødt AS acted as legal counsel to the Seller in connection with the Offering.
This information is subject to the disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.