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Prosafe ( (GB:0J5Y) ) has provided an announcement.
The Export & Import Bank of China has reduced its stake in Prosafe SE by selling 577,062 ordinary shares, bringing its holding to 35,026,807 shares. This change means the bank now controls about 9.94% of Prosafe’s share capital and voting rights, slipping below the 10% threshold that triggers a disclosure duty under Norwegian securities regulations.
The transaction alters Prosafe’s ownership structure by lowering one major shareholder’s influence, which may be closely watched by other investors and market participants. The move has been formally reported in line with the Norwegian Securities Trading Act, underscoring the transparency requirements around significant shifts in major shareholdings in listed companies.
More about Prosafe
Prosafe SE is a company listed on the Norwegian market under the ticker PRS. The company has a diversified shareholder base that includes institutional investors such as The Export & Import Bank of China, reflecting international interest in its equity and operations.
Average Trading Volume: 1,807,641
Current Market Cap: NOK1.27B
For a thorough assessment of 0J5Y stock, go to TipRanks’ Stock Analysis page.