Quarterly presentation Q1 2020



Link to audiocast Q1 2020

The Stock
- 0.39
- 0.30 NOK
7/3/2020 5:37:00 PM
Financial calendar
Half-yearly Report
Quarterly Report - Q3

A sunshine story

According to the UN, energy is the largest contributor to climate change, through the emission of CO2 and other greenhouse gases. At Fjordkraft we therefore believe it is important to give customers the opportunity to produce their very own clean energy.

See a sunshine story
Press Releases
Stock Exchange Announcements
Shareholding Disclosure - Fjordkraft Holding ASA (FKRAFT)
On behalf of Mondrian Investment Partners Limited ("Mondrian"), Mondrian hereby notifies you that on behalf of its discretionary investment clients, it has a notifiable interest in Fjordkraft Holding ASA ("the company"). The total number of voting shares held by Mondrian on behalf of its discretionary investment clients on 01 July 2020 was 6,020,588 which represents 5.76% of the issued share capital and voting rights of the company. Mondrian crossed the notification threshold of 5% following trades executed via an accelerated book build on 01 July 2020. Any interest held by Mondrian in Fjordkraft Holding ASA shares is derived solely through its role as a non-custodial discretionary investment manager.
FKRAFT - Disclosure of shareholding and mandatory notification of trade
BKK AS ("BKK") has today sold 8,000,000 shares in Fjordkraft Holding ASA (the "Company" or "Fjordkraft"), representing 7.65 per cent of the share capital in the Company, at a price of NOK 74.50 per share. The shares were sold through an accelerated bookbuilding process managed by ABG Sundal Collier ASA. After the transaction, BKK owns 7,933,066 shares, representing 7.59 per cent of the share capital in the Company. BKK is represented on the Board of Directors in Fjordkraft. BKK has entered into a customary lock-up agreement valid for 60 days for its remaining shares in the Company. Contact: BKK AS Anne Marit Steen, CFO +47 90 91 95 79 anne.marit.steen@bkk.no
FKRAFT - Contemplated secondary placing
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL ABG Sundal Collier ASA (the "Manager") has been retained by BKK AS ("BKK") to explore the sale of approximately 8 million existing shares in Fjordkraft Holding ASA (the "Company" or "Fjordkraft"), representing 7.6% of the share capital in the Company (the "Placing"). The Placing is to be conducted as an accelerated bookbuilding process. The bookbuilding process will commence immediately following the publication of this announcement and may be closed at short notice at the full discretion of the Manager. A further announcement will be made following pricing of the shares in the Placing. BKK reserves the right, at its own discretion, to sell fewer shares or no shares at all. BKK currently holds 15,933,066 shares in the Company, representing 15.2% of the share capital in the Company. BKK is represented on the Board of Directors in Fjordkraft. BKK will enter into a customary lock-up agreement valid for 60 days for its remaining shares in the Company not sold in the Placing. For further information, please contact: ABG Sundal Collier: +47 22 01 60 13
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Fjordkraft at a glance

Known brand
Fjordkraft is the number one brand for electricity retailing in the Norwegian consumer market and the number two brand in the business market.

All across Norway
The Company supplies electricity to an estimated more than 1.4 million people through over 600,000 delivery points in households, businesses and public entities across Norway.

Fighting climate change
Fjordkraft believes that companies have responsibilities beyond maximising profits for the shareholders. Fjordkraft has addressed this responsibility in its climate Initiative "Klimanjaro", where we require our suppliers to be climate neutral. Fjordkraft is convinced that climate neutrality is a competitive advantage.

Fjordkraft Mobil

Fjordkraft Mobil

Fjordkraft Mobil was launched in the spring of 2017. We already had a well-known brand, a skilled customer service centre and expertise from the electricity market. For Fjordkraft, the path from being an electricity retailer to also becoming a mobile phone operator was short. Fjordkraft’s electricity customers get more value for money with cheap mobile phone subscriptions. At the end of 2019, Fjordkraft had more than 100,000 mobile subscribers.