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Saga Pure ASA Surpasses 75% Ownership in S.D. Standard ETC Plc

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Saga Pure ASA Surpasses 75% Ownership in S.D. Standard ETC Plc

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

Saga Pure ASA has made a mandatory offer for all remaining shares in S.D. Standard ETC Plc at NOK 1.90 per share. As of April 30, 2025, Saga Pure and its associated companies have acquired a 75.18% ownership stake in SDSD, surpassing the 75% threshold for shares and votes, which could significantly influence the company’s future direction and stakeholder interests.

More about S.D. Standard Drilling PLC

YTD Price Performance: 12.31%

Technical Sentiment Signal: Strong Sell

Current Market Cap: €82.56M

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

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