Eqva ASA Insiders’ Shares Transferred Amid Placement Review

Havyard Group ASA (DE:1H2) has released an update.

Nordic Corporate Bank has acquired 15.9 million shares (21.2%) of Eqva ASA from primary insiders Rune and Trond Narve Skarveland, due to the enforcement of security on defaulted loans. Eqva ASA is now assessing the impact of this share transfer on a recent private placement, considering whether the proceeds can still be released to the company. The situation follows a series of stock exchange announcements and is under review by the company and involved parties.

For further insights into DE:1H2 stock, check out TipRanks’ Stock Analysis page.