Releases - Odim ASA

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2009

 

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Extraordinary general meeting held in ODIM ASA

(Hareid - 2 December 2009): ODIM ASA held an extraordinary general meeting today. All the resolutions on the agenda were adopted.
A majority of the general meeting endorsed the proposal for new directors of ODIM ASA.
The board of ODIM ASA has the following membership:
Njål Sævik (chair)
Kristin Krohn Devold (deputy chair)
Rebekka Glasser Herlofsen
Hege Sjo (new)
Aasulv Tveitereid (new)
Jo-Helge Dimmen...

Mandatory notification of trade

(Hareid, 1 December 2009): Idar Hatløy, Senior Vice President Sales and Marketing, and primary insider in ODIM ASA, has on Monday afternoon 30. November bought 10 000 shares in ODIM ASA at an average share price of NOK 26,974 now holding 60 192 shares and 14 300 options.
For further information, please contact:

Oceanographic and deepwater contract for ODIM

(Hareid, 30 November 2009): A NOK 44 million contract to deliver a complete handling system for an oceanographic research vessel, including the ODIM CTCU deepwater technology, has been awarded to ODIM.
This order has been placed by China’s Wuchang Shipyard, with the Institute of Oceanology, Chinese Academy of Sciences (IOCAS) as the ultimate user. Delivery is scheduled for December 2010.

In addition to the...

Financial calendar 2010 – ODIM ASA

(Hareid, 30 November 2009): Publication dates for presentation of quarterly results, annual results and Annual general meeting in ODIM ASA in 2010 are as follows:
10.02.26: 4th Quarter 2009/Preliminary result 2009
10.05.27: 1st Quarter 2010
10.06.01: Annual General Meeting
10.08.19: 2nd Quarter 2010
10.11.02: 3rd Quarter 2010

Dates are given with reservations in case of changes.

This information is subject...

Third quarter 2009 presentation

The ODIM Q3 2009 presentation
The Q3 2009 presentation held at Felix Konferansesenter in Oslo on 24 November is enclosed at http://www.newsweb.no.

Adjusting to a new market environment

(Hareid, 24 November 2009): Revenues for the third quarter came to NOK 457.2 million, down by 10.7 per cent from the corresponding period of 2008. EBITDA was NOK 35.6 million, compared with NOK 99.3 million in third quarter 2008. The EBITDA margin reached 7.8 per cent, down by 11.6 percentage points from the corresponding period of 2008.
The margin was negatively affected by two pioneering Subsea & Deepwater...

Invitation to presentation of ODIM’s third quarter 2009

(Hareid, 18 November 2009): ODIM ASA releases the company’s third quarter results 2009 on Tuesday 24 November 2009.
Acting CEO Arild Hatløy will present the third quarter result from 0830 CET at Felix Konferansesenter, Bryggetorget 3, Oslo. After the presentation, there will be a Q&A session. ODIM welcomes all interested parties.

The presentation will be available on direct webcast on www.odim.com.

The...

Notice of Extraordinary General Meeting

(Hareid – 6 November 2009): An extraordinary general meeting of ODIM ASA will be held at the company`s head office in Hjørungavåg, N-6069 Hareid, at 12 pm on Wednesday 2 December 2009.
The agenda comprises:
1. Opening of the meeting by the chairman of the Board, hereunder registration of attending shareholders
2. Appointment of chairman of the meeting and one person to co-sign the minutes
3. Approval of the...

Request for extraordinary general meeting in ODIM ASA

(Hareid - 3 November 2009): ODIM has today received a letter from a group of shareholders. With reference to the Norwegian Public Limited Liability Companies Act Section 5-7 (2) the group requests for an extraordinary general meeting with the aim of electing a new board of directors in ODIM ASA.
The two shareholders (Verdipapirfondet Handelsbanken Norge and Sabaro Investments Ltd.) are represented by Frode...

ODIM cuts corporate management

(Hareid - 2 November 2009): ODIM has resolved with effect from 1 November 2009 to reduce its corporate executive team from 11 to seven functions in order to achieve a more efficient and cost-optimised leadership.
A smaller, tighter and more flexible management team will make ODIM better adapted to today’s market conditions. The group is also working other organisational changes, which will be finalised at a...

Odim ASA

ODIM is an international technology group that develops and sells automated handling solutions. These primarily consist of cablehandling systems and winches for use on offshore and naval vessels. The group is expanding s...

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