Equinor ASA: Early Warning Press Release
Stavanger, Rogaland, Norway, January 20, 2021
– Equinor ASA ("Equinor
") (OSE: EQNR, NYSE: EQNR) announces that on January 19, 2021 it disposed of its beneficial ownership of an aggregate of 100,000,000 common shares ("Common Shares
") of Athabasca Oil Corporation ("Athabasca
"), at a price of C$0.18 per Common Shares, for aggregate gross proceeds of C$18,000,000 (the "Transaction
"), through the facilities of the Toronto Stock Exchange on a block trade basis.
Immediately prior to the Transaction, Equinor beneficially owned and controlled a total of 100,000,000 Common Shares of Athabasca, representing approximately 18.8% of the issued and outstanding Common Shares of Athabasca. Immediately following the Transaction, Equinor no longer has beneficial ownership and control over any of the issued and outstanding Common Shares of Athabasca.
As a result of the Transaction, Equinor's beneficial ownership of Common Shares of Athabasca has decreased to less than 10% of the issued and outstanding Common Shares of Athabasca and it has ceased to be a "reporting insider" as defined in National Instrument 55-104 – Insider Reporting Requirements . Accordingly, Equinor will no longer file insider or early warning reports in respect of its ownership of securities of Athabasca, except as required by applicable law.
The disposition of Common Shares was undertaken in the ordinary course of business for investment purposes.
Athabasca's head office is located at 1200, 215 - 9th Avenue SW, Calgary, Alberta, T2P 1K3.
An early warning report will be filed by Equinor in accordance with applicable securities laws and will be made available on Athabasca's SEDAR profile at www.sedar.com or may be obtained directly from Equinor at the address below.
For additional information, please contact:
Telephone: +47 90104572
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Top Aces27.2.2021 01:59:03 CET | Press release
NOTICE TO DISREGARD - Top Aces Corp.
Brookfield Asset Management Inc26.2.2021 23:19:54 CET | Press release
Early Warning Release
CNH Industrial N.V.26.2.2021 22:31:33 CET | Press release
CNH Industrial N.V. announces the extension by one additional year to March 2026 of its syndicated credit facility
Genmab A/S26.2.2021 22:13:31 CET | Press release
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
Genmab A/S26.2.2021 22:10:00 CET | Press release
Grant of Restricted Stock Units to Management and Employees and Grant of Warrants to Employees in Genmab
ORPHAZYME A/S26.2.2021 21:39:59 CET | Press release
Orphazyme announces participation in upcoming virtual investor conferences
Kvika banki hf.26.2.2021 20:01:34 CET | Press release
Kvika banki hf: Two provisos in Kvika, TM and Lykill Merger Agreement fulfilled
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom