News - 26.04.2023

Herkules IV divests remaining shares in Scana

During April 2023, Herkules IV sold it’s remaining shareholding in publicly listed Scana ASA ("Scana"). Scana is a listed industrial owner company in the ocean industries creating value through active ownership in market-leading portfolio companies.

On 11 January 2022, Herkules IV completed a partial exit of PSW as part of an industrial merger with listed Scana ASA. As part of this transacation, the Fund became the largest shareholder in Scana.

During April 2023, the Herkules IV sold all remaining shares in Scana. The sale concluded a full exit of the Fund’s investment in Scana/PSW.