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Arribatec Group ASA ( (DE:B7Z0) ) has provided an update.
Arribatec Group ASA announced that Terje Mjøs, a board member and primary insider, has exercised 22.5 million warrants through Terje Mjøs Holding AS, increasing his shareholding to 7.1% of the company. This move signifies a significant increase in ownership for Mjøs, potentially impacting the company’s governance and signaling confidence in Arribatec’s future prospects.
More about Arribatec Group ASA
Arribatec Group ASA is a software and consulting company based in Oslo, specializing in building long-term strategic partnerships with a diverse customer base. The company serves over 1700 clients across 25 countries in both private and public sectors, employing more than 320 people in 11 countries. It is listed on the Oslo Stock Exchange under the ticker code ARR.
YTD Price Performance: 131.30%
Average Trading Volume: 1,502,010
Current Market Cap: NOK396.8M
For detailed information about B7Z0 stock, go to TipRanks’ Stock Analysis page.