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S.D. Standard Drilling PLC ( (DE:S1P) ) has provided an announcement.
S.D. Standard ETC announced that Espen Fjermestad, Head of Investments, has exercised 10,000,000 share options at a price of NOK 1.20 per share. The company will cash settle the options, paying Fjermestad the difference between the exercise price and the current market price, reflecting a strategic financial decision impacting its investment operations.
More about S.D. Standard Drilling PLC
S.D. Standard ETC is an investment company founded in 2010, headquartered in Cyprus, and listed on the Oslo Stock Exchange under the ticker SDSD. The company maintains a concentrated investment portfolio, including a significant 42% ownership in Standard Supply AS.
Average Trading Volume: 817,871
Current Market Cap: NOK952.5M
See more data about S1P stock on TipRanks’ Stock Analysis page.