Advertisement
Advertisement

BEWI ASA’s Private Placement Increases TIND’s Stake

Story Highlights
BEWI ASA’s Private Placement Increases TIND’s Stake

Meet Your ETF AI Analyst

Bewi ASA ( (DE:5T0) ) has shared an announcement.

BEWI ASA has conducted a private placement of 44.8 million new shares, with TIND Asset Management acquiring 4,618,645 shares, crossing the 5% threshold of shares and votes in the company. This transaction impacts TIND’s stake, which will fall below 5% once the new shares are registered, indicating a temporary increase in their influence within BEWI ASA.

More about Bewi ASA

Average Trading Volume: 59,628

Current Market Cap: NOK4.31B

Learn more about 5T0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1