05/09/2014

Increase of ownership in NHST Media Group AS

 

Bonheur ASA and Ganger Rolf ASA have today acquired 116 430 and 120 558 shares, respectively, in NHST Media Group AS (NHST) from Citypassagen AS at a price of NOK 382 per share. Their new shareholdings are now 347 693 shares each, taking their total combined shareholding to 695 386 shares, representing 53.99% of the total shares in NHST.

Bonheur and Ganger Rolf have a long history of ownership in NHST.

“With this increase in ownership in NHST we will continue our participation in the development of the group in today’s challenging media environment” said Anette Olsen, Fred. Olsen & Co who is also chairman of NHST.

NHST is a Norwegian media conglomerate that publishes a number of newspapers and online tools. Among its newspapers is Dagens Næringsliv, a Norwegian business daily ranking among Norway’s largest printed newspapers. The newspaper dates back to 1889.