An announcement from Norwegian Energy Company ASA ( (GB:0HTF) ) is now available.
Astaris Special Situations Master Fund Limited has acquired a significant holding in the convertible bonds of BlueNord ASA, allowing potential conversion into a substantial number of shares and increasing their influence in the company. The acquisition represents 5.24% of the company’s existing share capital and voting rights, with conversion options lasting until December 2025 and bonds maturing in July 2027, potentially impacting the company’s market dynamics and stakeholder interests.
More about Norwegian Energy Company ASA
YTD Price Performance: 3.89%
Average Trading Volume: 795
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK18.07B
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