Elkem ASA, trading under the symbol ELKEF on the OTC exchange, is a company involved in the production of advanced materials. It operates in various sectors, including silicones, silicon products, and carbon solutions. The company competes with other global players in the materials industry, striving to maintain a strong market position.On February 13, 2026, ELKEF reported an earnings per share (EPS) of -$0.02, which was below the estimated EPS of -$0.003. This indicates that the company is currently experi ...

Core Viewpoint - Elkem is conducting a NOK 1,500 million underwritten equity issue through a bookbuilding process, with careful consideration of shareholder interests in the allocation of new shares [1]. Group 1: Equity Issue Details - The NOK 1,500 million equity issue will be subject to market conditions and terms, with a minimum application amount and allocation criteria to be determined by the Board [1]. - A repair offering will follow, allowing existing shareholders to subscribe for new shares at the same subscription price [1]. Group 2: Company Overview - Elkem is a leading provider of advanced silicon-based materials, focusing on sustainable solutions in various sectors including electric mobility and digital communications [1]. - The company reported an operating income of NOK 31 billion in 2025 and has a workforce of over 7,000 people [1]. - Elkem has received high scores for environmental performance, including an A on Forests and Water Security and a B on Climate Change from CDP [1].

Core Viewpoint - Elkem ASA has entered into a Share Purchase Agreement to sell the majority of its Silicones division to Bluestar, with a subsequent extraordinary general meeting scheduled for March 9, 2026, to vote on the approval of this transaction [1]. Group 1: Transaction Details - The Share Purchase Agreement involves the sale of the majority of Elkem's Silicones division to Bluestar, which will be settled with all Elkem shares held by Bluestar through Bluestar Elkem International Co. Ltd. S.A. [1]. - The extraordinary general meeting will also address the redemption of Bluestar's shares [1]. Group 2: Meeting Logistics - The extraordinary general meeting will take place digitally on the Lumi AGM-platform, including a live webcast and electronic voting for all attending shareholders [1]. - The meeting is set for March 9, 2026, at 09:00 CET [1]. Group 3: Company Overview - Elkem is a leading provider of advanced silicon-based materials, focusing on sustainable solutions and innovations in various sectors, including electric mobility and digital communications [1]. - In 2025, Elkem reported an operating income of NOK 31 billion [1]. - The company has received high scores for its environmental initiatives, including an A on Forests and Water Security and a B on Climate Change from CDP [1].