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Saga Pure ASA Announces NOK 121.5 Million Private Placement

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Saga Pure ASA Announces NOK 121.5 Million Private Placement

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The latest announcement is out from Saga Pure ASA ( (DE:SAT) ).

Saga Pure ASA is undertaking a private placement of 90 million new shares to raise NOK 121.5 million, aimed at enhancing financial flexibility and supporting its strategic initiatives. The placement is directed at existing shareholders, with Tycoon Industrier AS underwriting any unsubscribed shares, and a subsequent offering may follow to ensure equitable shareholder treatment.

More about Saga Pure ASA

Saga Pure ASA is a company involved in financial activities, focusing on strategic investments and financial flexibility to pursue growth opportunities.

Average Trading Volume: 451,149

Current Market Cap: NOK659.4M

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

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