Oslo, 10 May 2023
ANNOUNCES NEW NAME - AQUILA HOLDINGS
o The company announces its new name, Aquila Holdings, following
its change of strategy
o The company will hold its Annual General Meeting on 24 May
2023, where the board of directors has proposed to change the company name
accordingly
EVENTS DURING THE QUARTER
o Fair value of multi-client library USD 35.9 million
o Fair value of investment portfolio USD 7.6 million
o Net gain of USD 0.8 million
o Revenue from reprocessing Utsira represented USD 2.4 million
and from multi-client late sales Utsira USD 0.5 million
o Available liquid funds of USD 13.0 million*
o Cash earnings USD 0.3 million for the quarter
o Net asset value NOK 2.15 per share
* Bank deposits, trade receivable and marketable securities
A corresponding investor presentation will be held today at 08:30 CET (Norwegian
time) in the office premises at Askekroken 11, 0277 Oslo. The presentation is
open to the public.
A pre-recorded presentation of the results featuring Interim CEO and CFO, Nils
Haugestad, is available at www.carbn.no.
The first quarter 2023 report and presentation will be available at Carbon
Transition ASA (www.carbn.no) and Oslo Stock Exchange (www.newsweb.com).
For further information, please contact:
Nils Haugestad
Interim CEO & CFO
nils.haugestad@carbn.no
+47 977 04 439
About Carbon Transition
Carbon Transition ASA ("CARBN") is an investment company listed on Euronext
Expand. CARBN comprises an OBN multi-client company and an investment arm. The
company may invest broadly in listed companies as well as companies expected to
be listed in the near term.
More information on www.carbn.no