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Norwegian Energy Company ASA ( (GB:0HTF) ) has shared an update.
Kite Lake Capital Management and Taconic Capital Advisors have successfully sold 1,000,000 shares in BlueNord ASA, representing approximately 3.77% of the company’s outstanding shares, at a price of NOK 425 per share. This sale reduces Kite Lake’s shareholding below the 15% disclosure threshold, and both sellers have agreed to a 60-day lock-up period for their remaining shares, with certain exceptions.
The most recent analyst rating on (GB:0HTF) stock is a Buy with a NOK570.00 price target. To see the full list of analyst forecasts on Norwegian Energy Company ASA stock, see the GB:0HTF Stock Forecast page.
More about Norwegian Energy Company ASA
Average Trading Volume: 43,171
Current Market Cap: NOK12.18B
For a thorough assessment of 0HTF stock, go to TipRanks’ Stock Analysis page.