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Philly Shipyard ASA ( (AKRRF) ) has shared an update.
Philly Shipyard ASA, currently under liquidation, announced that its shares will be delisted from Euronext Expand following approval from Euronext Oslo Børs, effective 10 September 2025. The company will transition to a private limited liability company, with a new board of directors taking over management as the CEO and CFO resign. The company will remain non-operational until the completion of its liquidation process, which involves the management of escrow funds from a previous sale to Hanwha. Any remaining funds after the escrow period will be distributed to shareholders before final liquidation.
More about Philly Shipyard ASA
YTD Price Performance: 73.89%
Average Trading Volume: 40,557
Current Market Cap: NOK49.52M
For a thorough assessment of AKRRF stock, go to TipRanks’ Stock Analysis page.