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The latest announcement is out from Carbon Transition ASA ( (DE:S5B0) ).
Fjord Defence Group ASA has confirmed that its extraordinary general meeting has approved a previously announced private placement of 13,333,333 new shares, further progressing the company’s ongoing capital-raising efforts. To ensure smooth delivery-versus-payment settlement for investors in the private placement, AS Saturn, a close associate of CEO and primary insider Jon Asbjørn Bø, has lent 2,894,823 existing shares already listed on Euronext Oslo Børs to Pareto Securities AS under a share lending agreement, helping to secure orderly settlement and liquidity in connection with the transaction.
More about Carbon Transition ASA
Fjord Defence Group ASA is a Norway-based defence company listed on Euronext Oslo Børs, operating in the security and defence sector. The company focuses on delivering defence-related products and services, positioning itself within the broader European defence and security market.
Average Trading Volume: 59,391
Current Market Cap: NOK516.8M
For a thorough assessment of S5B0 stock, go to TipRanks’ Stock Analysis page.