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Elkem ASA has received a notification on strategic restructuring of its ultimate controlling shareholder

2020-02-04

Feb. 4, 2020 - Elkem ASA hasreceived a notification letter from China National Chemical Corporation Ltd. (“ChemChina”), Elkem’s ultimate controlling shareholder, informing that Sinochem Group Co., Ltd. (“Sinochem Group”) and ChemChina are planning for a strategic restructuring.


Details of the restructuring plan and its implementation are subject to relevant approval and regulatory procedures.


This announcement is made in order to ensure timely and fair disclosure of information and to safeguard the interest of investors. Elkem will strictly follow the information disclosure requirements, continue to pay attention to the progress of the above matter, and perform the information disclosure obligations in a timely manner in accordance with the requirements of relevant laws and regulations.

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