Recent Insider Transactions • Feb 24
Chief Operating Officer recently sold kr1.3m worth of stock On the 23rd of February, Glenn Asland sold around 14k shares on-market at roughly kr91.14 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Glenn's only on-market trade for the last 12 months. 공지 • Dec 19
Soiltech ASA, Annual General Meeting, May 20, 2026 Soiltech ASA, Annual General Meeting, May 20, 2026. 공지 • Sep 22
Soiltech Asa Appoints Michael Olsen as Chief Commercial Officer, Effective January 1, 2026 Soiltech ASA announced the appointment of Michael Olsen as Chief Commercial Officer (CCO), effective January 1, 2026. Olsen brings with him more than 20 years of international experience from the oil and gas industry. He spent two decades at Maersk Drilling, where he held several senior leadership roles, including Drilling Solution Manager and Director of Maersk Drilling North Sea from 2017 to 2023. Most recently, he has served as Director at Semco Maritime in Denmark. New Risk • Jul 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (kr512.4m market cap, or US$50.2m). Recent Insider Transactions • Mar 05
Chairman of the Board recently bought kr496k worth of stock On the 27th of February, Dag Schjerven bought around 10k shares on-market at roughly kr51.41 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dag's only on-market trade for the last 12 months. 공지 • Jan 01
Soiltech ASA to Report Q4, 2024 Results on Feb 20, 2025 Soiltech ASA announced that they will report Q4, 2024 results on Feb 20, 2025 Board Change • Sep 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Mona Hodne Freuchen was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Sep 12
SoilTech AS (OTCNO:SOIL) completed the acquisition of Oceanteam ASA. SoilTech AS (OTCNO:SOIL) signed a merger plan to acquire Oceanteam ASA (OB:OTS) for NOK 34.8 million on May 30, 2024. The acquisition is all stock transaction. SoilTech will issue 0.01543 shares for each share in Oceanteam, equivalent to a merger consideration of NOK 31.676 million. As part of consideration, SoliTech will issue 527,947 shares. After completion of the Merger, the combined company will be owned 93.35% by the shareholders of Soiltech while 6.65% will be owned by the shareholders of Oceanteam. The Merger will be completed by Oceanteam transferring all its assets, including an estimated NOK 21 million in cash, rights and obligations to Soiltech, as the acquiring company. The transaction is subject to (i) approval of shareholders of both SoilTech and Oceanteam, (ii) six weeks creditor period pursuant to section 13-15 of the Norwegian Public Companies Act 15 having expired without any objections from the creditors, or, if any objection has been made within the notification period, such creditor having received adequate security or the court having rejected the demand for security pursuant to section 13-16 of the Norwegian Public Companies, (iii) all regulatory approvals necessary or reasonably required for completion of the Merger, (iv) the conversion of Soiltech into a Norwegian public limited liability company (ASA), including the appointment of a former member of the Oceanteam board of directors to the board of directors of the merged entity, (v) Oslo Børs having approved the merged entity for listing on Euronext Oslo Børs or Euronext Expand, and (vi) no material breach of any covenant or other obligations in the merger plan or other agreements entered into between the Companies. The transaction is expected to complete around the end of Q3 2024. As of June 3, 2024, Oceanteam announced summoning an extraordinary general meeting on July 4, 2024. As of July 4, 2024, The shareholders of Oceanteam and SoilTech have approved the transaction in extraordinary general meeting. As of August 27, 2024, The conditions for completion of the Merger regarding creditor notification without objections and approval of the Listing by the OSE have now been satisfied and the condition regarding election of a representative nominated by OTS on the board of directors of STECH is expected to be satisfied on August 28, 2024. The effective date for completion of the Merger is on September 10, 2024. In return, the shareholders of Oceanteam ASA receive consideration shares in Soiltech AS. Soiltech AS will be the surviving entity following completion of the Merger, while Oceanteam ASA will be dissolved and liquidated. Karin Govaert, current board member of Oceanteam ASA, was elected as a board member of Soiltech AS.
Fearnley Securities AS acted as financial advisor and Advokatfirmaet Schjødt As acted as legal advisor to SoilTech. Advokatfirmaet Thommessen AS acted as legal advisor to Oceanteam.
SoilTech AS (OTCNO:SOIL) completed the acquisition of Oceanteam ASA (OB:OTS) on September 11, 2024. The last day of trading in and listing of the OTS shares will be September 10, 2024. 공지 • Sep 11
SoilTech AS to Report Q3, 2024 Results on Oct 30, 2024 SoilTech AS announced that they will report Q3, 2024 results on Oct 30, 2024 공지 • Jun 01
SoilTech AS (OTCNO:SOIL) signed a merger plan to acquire Oceanteam ASA (OB:OTS) for NOK 34.8 million. SoilTech AS (OTCNO:SOIL) signed a merger plan to acquire Oceanteam ASA (OB:OTS) for NOK 34.8 million on May 30, 2024. The acquisition is all stock transaction. SoilTech will issue 0.01543 shares for each share in Oceanteam. As part of consideration, SoliTech will issue 527,947 shares. After completion of the Merger, the combined company will be owned 93.35% by the shareholders of Soiltech while 6.65% will be owned by the shareholders of Oceanteam. The Merger will be completed by Oceanteam transferring all its assets, including an estimated NOK 21 million in cash, rights and obligations to Soiltech, as the acquiring company. The transaction is subject to (i) approval of shareholders of both SoilTech and Oceanteam, (ii) six weeks creditor period pursuant to section 13-15 of the Norwegian Public Companies Act 15 having expired without any objections from the creditors, or, if any objection has been made within the notification period, such creditor having received adequate security or the court having rejected the demand for security pursuant to section 13-16 of the Norwegian Public Companies, (iii) all regulatory approvals necessary or reasonably required for completion of the Merger, (iv) the conversion of Soiltech into a Norwegian public limited liability company (ASA), including the appointment of a former member of the Oceanteam board of directors to the board of directors of the merged entity, (v) Oslo Børs having approved the merged entity for listing on Euronext Oslo Børs or Euronext Expand, and (vi) no material breach of any covenant or other obligations in the merger plan or other agreements entered into between the Companies. The transaction is expected to complete around the end of Q3 2024. 공지 • Mar 22
SoilTech AS, Annual General Meeting, Apr 04, 2024 SoilTech AS, Annual General Meeting, Apr 04, 2024, at 10:00 Central European Standard Time. Agenda: To consider approval of the annual accounts for 2023 and the report of the board of directors; to consider approval of the remuneration of the director; to discuss approval of the remuneration of the auditors; and to discuss other matters. 공지 • Apr 03
SoilTech AS Announces Executive Changes SoilTech AS announced the appointment of Stig H Christiansen as the new CEO of the company with commencement no later than end July 2022. Oluf Bergsvik has stepped down from his position as CEO. Stig H Christiansen joins Soiltech from Prosafe SE, where he served as deputy CEO & CFO. Prior to joining Prosafe, Mr. Christiansen held senior positions in Equinor, Add Energy and Transocean. He holds a BCom and an MBA degree. 
