Solstad Maritime Holding announces intention to list on Euronext Oslo Bors

Solstad Maritime Holding (SMH) said that it intends to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.

SMH owns 32 vessels, including 22 construction support vessels (CSVs) and 10 anchor handling tug supply vessels (AHTS), and provides ROV, survey and other services.

A listing is in line with the company’s previously expressed intention to list within 12 months after completion of its NOK750 million (US$66 million) equity raise in June 2024, and is reportedly supported by the company’s three main shareholders.

SMH’s largest shareholders are Aker Capital (42 per cent), Solstad Offshore (27.3 per cent), and AMSC (19.6 per cent).

The board of directors of AMSC has informed the company that it intends to propose to distribute its 19.6 per cent ownership stake in SMH to its shareholders in connection with a listing of the company, which will contribute to substantially increasing the free float in SMH’s shares.