Hemen Holding lifts Northern Ocean stake to about 83% after mandatory offer

• Hemen Holding raised its stake in Northern Ocean to about 83% of shares and voting rights following its NOK 7.5-per-share mandatory offer.
• Offer acceptances covered 60,261,375 shares, about 19.9% of the company, at the offer period close on Sept. 9, 2026.
• Hemen owned 169,568,353 shares at launch, then bought additional stock outside the offer, including 15,000,000 shares under a TRS.

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. Northern Ocean Ltd. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.