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The latest announcement is out from Aqua Bio Technology ASA ( (DE:3FZ) ).
Aqua Bio Technology ASA has announced a settlement involving the transfer of 9,000,000 of its shares to Intelco AS, which results in the company falling below the 5% flagging threshold. This transaction impacts the company’s shareholding structure, leaving it with 2,012,780 own shares, approximately 1.25% of the total shares. The shares involved in the transaction are not currently tradable due to registration under a separate ISIN. This development could influence the company’s market positioning and stakeholder interests, as it adjusts its shareholding and capital structure.
More about Aqua Bio Technology ASA
Aqua Bio Technology ASA (ABTEC) is a distribution group specializing in skincare and non-food products. The company offers services in B2C, B2B, B2B2, and logistics, including freight and customs clearance. Additionally, ABTEC is involved in developing sustainable biotechnology for skincare applications and is listed on Euronext Expand Oslo.
YTD Price Performance: -68.05%
Average Trading Volume: 230,069
Current Market Cap: NOK92.4M
See more insights into 3FZ stock on TipRanks’ Stock Analysis page.