An announcement from Saga Pure ASA ( (DE:SAT) ) is now available.
Saga Pure ASA has acquired 13,000,000 shares in S.D. Standard ETC Plc at an average price of NOK 1.64, increasing its total ownership alongside Ferncliff Listed DAI to approximately 32.21% of SDSD’s outstanding shares. This acquisition triggers a legal obligation for Saga Pure to make a bid for the remaining shares in SDSD within four weeks, as required by Cypriot law and the Norwegian Securities Trading Act.
More about Saga Pure ASA
Average Trading Volume: 29,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €48.95M
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