Publication of Exemption Document in relation to the proposed Combination with Aker BP
09 March 2022
Lundin Energy AB (”Lundin Energy”) is pleased to note the publication of an Exemption Document, prepared by Aker BP ASA (”Aker BP”), in relation to the proposed combination (the ”Combination”) between Lundin Energy’s E&P business and Aker BP.
The Exemption Document includes among other things:
- Relevant risk factors applicable to the Combination and the combined company
- Business overview of Aker BP and Lundin Energy’s E&P business
- Unaudited pro forma financial statements for the financial year 2021 which has been prepared as if the Combination had taken place on 1 January 2021
Completion of the Combination is conditional upon, among other things, the Combination being approved at the Annual General Meetings of Lundin Energy and Aker BP, respectively, and receipt of necessary governmental clearances. According to a preliminary timetable, completion of the Combination is planned to occur late in the second quarter 2022
The Exemption Document is available on www.lundin-energy.com and www.akerbp.com.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.