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Saga Pure ASA Increases Stake in S.D. Standard Drilling PLC

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An update from S.D. Standard Drilling PLC ( (DE:S1P) ) is now available.

Saga Pure ASA has acquired an additional 2,000,000 shares in S.D. Standard Drilling PLC, increasing their share price obligation to NOK 1.75. This acquisition results in Saga Pure and Ferncliff Listed DAI holding a combined 32.59% of the company’s total outstanding shares, potentially strengthening their influence within the company.

More about S.D. Standard Drilling PLC

YTD Price Performance: 6.92%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €75.43M

Find detailed analytics on S1P stock on TipRanks’ Stock Analysis page.

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