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Ocean Yield SA (OCY) NOK10

Sell:41.00 NOK Buy:43.00 NOK Change: 0.04 NOK (0.10%)
Market closed |  Prices as at close on 3 December 2021 | Switch to live prices |
Tender Offer

Ocean Yield SA NOK10

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 12 Oct 2021)

The Boards of Ocean Yield SA and Octopus Bidco AS recently announced the terms of a Tender Offer. Under the terms of the Tender Offer holders of Ocean Yield SA Shares have been offered NOK41.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date

 

Option 2 – Accept the Offer. You can give an instruction to accept the Tender Offer of NOK41.00 for each Ocean Yield SA Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer.

 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:41.00 NOK
Buy:43.00 NOK
Change: 0.04 NOK (0.10%)
Market closed |  Prices as at close on 3 December 2021 | Switch to live prices |
Tender Offer

Ocean Yield SA NOK10

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 12 Oct 2021)

The Boards of Ocean Yield SA and Octopus Bidco AS recently announced the terms of a Tender Offer. Under the terms of the Tender Offer holders of Ocean Yield SA Shares have been offered NOK41.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date

 

Option 2 – Accept the Offer. You can give an instruction to accept the Tender Offer of NOK41.00 for each Ocean Yield SA Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer.

 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:41.00 NOK
Buy:43.00 NOK
Change: 0.04 NOK (0.10%)
Market closed |  Prices as at close on 3 December 2021 | Switch to live prices |
Tender Offer

Ocean Yield SA NOK10

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 12 Oct 2021)

The Boards of Ocean Yield SA and Octopus Bidco AS recently announced the terms of a Tender Offer. Under the terms of the Tender Offer holders of Ocean Yield SA Shares have been offered NOK41.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date

 

Option 2 – Accept the Offer. You can give an instruction to accept the Tender Offer of NOK41.00 for each Ocean Yield SA Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer.

 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Ocean Yield ASA, formerly Ocean Yield AS, is a Norway-based company engaged in the investment in vessels within oil-service and industrial shipping, with long term charters. The Company’s existing business consists of several investments within the maritime sector, spanning from Floating Production Storage and Offloading (FPSO) to seismic, oil service and car carrier vessels. It has ownership of one FPSO, the Dhirubhai-1, one offshore-construction vessel, the Aker Wayfarer, one seismic vessel, the Geco Triton and an investment in American Shipping Company’s unsecured bond. The Dhirubhai-1 is on long term charter to Reliance Ltd., which includes a Bareboat contract and an Operations and Maintenance contract. The Aker Wayfarer is on long term charter to Aker Solutions ASA, while the Geco Triton is on long term charter to Western Geco, a subsidiary of Schlumberger.

Contact details

Address:
Oksenoyveien 10
LYSAKER
1366
Norway
Telephone:
+47 (2) 4130000
Website:
https://www.oceanyield.no/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
OCY
ISIN:
NO0010657448
Market cap:
7.21 billion NOK
Shares in issue:
175.22 million
Sector:
Oil & Gas Equipment & Services
Exchange:
Oslo Stock Exchange
Country:
Norway
Currency:
Norwegian Krone
Indices:
n/a

Key personnel

  • Frank Reite
    Chairman of the Board
  • Lars Solbakken
    Chief Executive Officer
  • Eirik Eide
    Chief Financial Officer
  • Oivind Haraldsen
    Managing Director - Ocean Yield Malta Ltd
  • Marius Magelie
    Senior Vice President Finance & Investor Relations (IR)
  • Andreas Reklev
    Senior Vice President - Investments
  • Kristine Kosi
    Chief Accounting Officer
  • Erik Holom
    Vice President Investments
  • Andreas Rode
    Head of Business Development and M&A

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.