The Oslo district court has  4 July, appointed the following assessors as members of the Court of legal discretion in case 17-180987SKJ- OTIR/06 Oslo Energi Holding – KLP m. fl 

  • Helge Rydning
  • Arvid Gusland
  • Harald von Heyden
  • Birger Schønberg 

The Court of legal discretion will be led by district court judge Cecilie Kvalheim. 

The parties in the case have engaged

  • KWC
  • Sparebank1 Markets
  • EY

as expert witnesses in the case. 

The court negotiations have been scheduled for 19 November 2018, and will last for 3 weeks.

If you have any further questions in the case we ask you to contact oslo.tingrett_skjonn.oeh@domstol.no


REGARDING THE LETTER FROM OSLO DISTRICT COURT (No: Oslo tingrett)

15. desember 2017
As Oslo Energi Holding AS («OEH») has received a number of queries from previous shareholders in Hafslund ASA in connection with the letter from Oslo District Court, OEH has, after consulting Oslo District Court, found it necessary to provide answers to the most common questions that have been received.

Oslo District Court has lately written to all of the shareholders involved in the court valuation of Hafslund ASA. As the letters have been posted over a number of days, these will be received at various different times. Oslo District Court will have sent all of these out by the end of the week.

THIS MUST BE DONE IN RELATION TO THE LETTER:

The only thing you must to do when you receive this letter is to sign and return the confirmation of receipt of the documents. This can, as stated in the letter, either be returned by post or by email to the email-address listed.

THIS CAN BE DONE IN RELATION TO THE LETTER:
As further detailed in the letter, you can within the stipulated deadline submit a preliminary statement. This is not required, nor is it expected that each of the shareholders personally give such a statement, but it is within your right should you wish to do so.

In the letter it is also stated that some lawyers have informed that they represent one or several of the previous shareholders in this case. It is not necessary to be represented by a lawyer. OEH naturally does not wish to advise either way in this matter, and would leave it up to each individual to consider the necessity for representation.

Any questions or queries can be directed to Advokatfirmaet BA-HR for the attention of Attorney Arne
Tjaum, tel no.: 21 00 00 50, e-mail: at@bahr.no.


PAYMENT TO SHAREHOLDERS WHO HAVE REJECTED THE REDEMPTION PRICE OFFERED

20. november 2017
Oslo Energi Holding AS has decided to disburse the redemption price offered for the shares in Hafslund ASA, NOK 96.76, also to the shareholders who have rejected the offer and therefore will have the redemption price determined by the courts. The payment made now will consequently be regarded as an interim payment, and will be included in the settlement made when a final court decision exists. The payment is initiated and will be completed on 21 November 2017.

If you have any queries, please contact Advokatfirmaet BA-HR, attn. Arne Tjaum, telephone +47 21 00 00 50, email at@bahr.no.


APPLICATION FOR A DISCRETIONARY ASSESSMENT SUBMITTED

20. november 2017
An application to Oslo City Court for a discretionary assessment has today been submitted by Oslo Energi Holding AS. The application includes all shareholders in Hafslund ASA who have rejected the redemption price offered. The application is available here.

If you have any queries, please contact Advokatfirmaet BA-HR, attn. Arne Tjaum, telephone +47 21 00 00 50, email at@bahr.no.


COMPULSORY ACQUISITION OF SHARES IN HAFSLUND ASA – SETTLEMENT AND FURTHER PROCESS

20. oktober 2017
In a letter dated 3 August, 2017, the former shareholders of Hafslund ASA were informed about a certain compulsory acquisition of shares, together with an offered redemption price for the shares, in the amount of NOK 96.76 per share. The time limit for rejecting the offer expired on 9 October, 2017.

Shareholders who did not reject the offer, will obtain settlement in accordance with the offer. Payment will be made to the relevant shareholder’s bank account registered as the account for dividends, etc. with the Norwegian Registry of Securities (VPS).

As regards shareholders who have rejected the redemption price offered, it follows from the Norwegian Public Limited Liability Companies Act that the redemption price failing agreement shall be determined by a discretionary assessment. Oslo Energi Holding AS will as soon as possible submit an application for such assessment to Oslo City Court. This application will apply to all former shareholders who have rejected the offer. Consequently, it is not required for such shareholders to request a discretionary assessment. When the application is submitted, the former shareholders will be informed about the further process.

If you have any queries, please contact Advokatfirmaet BA-HR, attn. Arne Tjaum, telephone +47 21 00 00 50, email at@bahr.no.

Documentation