Coral HoldCo squeezes out remaining Atlantic Sapphire shares at NOK 0.80 each

Coral HoldCo took full ownership of Atlantic Sapphire via a compulsory acquisition of remaining shares it did not already own. The move followed a bridge loan conversion that lifted Coral HoldCo’s stake to 99.03%, or 1,150,124,362 shares. Minority holders are being cashed out at NOK 0.80 per share, matching the prior tender offer price completed on Sept. 3, 2026. Cash for the redemption was placed in a DNB Bank settlement account, with payment expected by Oct. 27, 2026. The company plans to seek delisting of its shares and warrants from Euronext Oslo Børs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlantic Sapphire ASA published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610130249OSLOBORSNEWS__EN_30F93F2E6E1097D8AAF41E873AFB02E), on October 13, 2026, and is solely responsible for the information contained therein. (C)