In order to simplify the company structure in the group, North Energy ASA proposes to merge the fully owned subsidiary North Energy Norge AS and North Energy ASA by transferring all employees, assets, rights and obligations from the subsidiary to the parent company.
merger will follow the simplified rules as set out in the Public Limited Company
The Board of Directors in North Energy ASA and North Energy Norge AS have prepared and signed a mutual merger plan. The merger provides that all of North Energy Norge AS’ employees, assets, rights and obligations will be transferred to North Energy ASA without consideration and North Energy Norge AS will thereafter be dissolved.
Final resolution of the merger will be adopted by the Board of directors at the earliest one month after the merger plan has been submitted and published by the Norwegian Register of Business Enterprises.
The merger plan including attachments can be found here: