Oslo, 4 April 2025
Saffron Hill Ventures 2 LP (“SHV2”) currently holds 42,562,365 shares in Agilyx ASA (the “Company”), representing approximately 38.80% of the outstanding shares and votes. Since SHV2 is approaching the end of its term, it has transferred 34,746,761 shares (the “Transfer”) to Saffron Hill Ventures 3 LP (“SHV3”).
The Transfer will result in SHV3, together with SHV2, owning more than one-third of the shares and voting rights in the Company, thus triggering a mandatory offer obligation for SHV3 pursuant to the Norwegian Securities Trading Act (“STA”) Section 6-1, cf. Sections 6-6 (1) and (2). SHV3 has therefore applied for an exemption from the mandatory offer obligation in the Company, pursuant to STA Section 6-2 (3), cf. Section 6-5 (1), cf. Section 6-1 (6).
The Oslo Stock Exchange, in its capacity as takeover supervisory authority, has in a decision dated 31 March 2025 resolved to grant an exemption from the mandatory bid obligation pursuant to STA Section 6-2 (3), cf. Section 6-5 (1), cf. Section 6-1 (6).
SHV2’s remaining shares in the Company will be transferred out of SHV2 before its dissolution, which will not be initiated for at least 12 months.
Agilyx ASA is at the forefront of plastic waste recycling, enabling the conversion of challenging post-use plastics into high-value, virgin-equivalent products. Recognizing that availability of high-quality custom feedstock is critical for scaling recycling processes, Agilyx, through its Cyclyx joint venture, provides tailored feedstock solutions to global plastic producers. In addition, Agilyx leverages its Styrenyx technology platform and Technip Energies' purification technology to market TruStyrenyx – a full polymer-to-monomer advanced recycling solution for polystyrene. By advancing from a linear “make-take-waste” model to a sustainable circular economy, Agilyx supports the transition to a low-carbon future. Our adaptable approach ensures bespoke solutions, leveraging extensive IP and feedstock expertise to meet diverse customer needs. For more information, visit Agilyx’s corporate website www.agilyx.com
For investor inquiries contact: investors@agilyx.com