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BEWI ASA Strengthens Market Position with Successful Private Placement

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BEWI ASA Strengthens Market Position with Successful Private Placement

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An announcement from Bewi ASA ( (DE:5T0) ) is now available.

BEWI ASA announced a successful private placement, raising NOK 896 million through the allocation of new shares at NOK 20.00 per share. The company’s extraordinary general meeting resolved to issue 6,455,542 new shares in tranche 2 of the placement. BEWI Invest AS, a close associate of the CEO, increased its shareholding to 51.09% following the share capital increase. This move strengthens BEWI’s financial position and market influence, with implications for stakeholders as the company consolidates its leadership in the industry.

More about Bewi ASA

BEWI ASA operates in the manufacturing industry, focusing on producing packaging solutions and insulation products. The company is known for its innovative approach in the market, providing sustainable and efficient products to various sectors.

Average Trading Volume: 744,941

Current Market Cap: NOK4.11B

For an in-depth examination of 5T0 stock, go to TipRanks’ Overview page.

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