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Harmonychain Insider Exercises 1 Million Share Options, Increasing Stake

Story Highlights
  • Primary insider Benjamin Miklozek has exercised 1,000,000 Harmonychain share options, paying NOK 485,045 in cash.
  • Upon registration of the capital increase, Miklozek’s stake will rise by 1,000,000 shares, triggering mandatory disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harmonychain Insider Exercises 1 Million Share Options, Increasing Stake

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Harmonychain AS ( (DE:7EW) ) has provided an announcement.

Harmonychain AS announced that primary insider Benjamin Miklozek has exercised 1,000,000 share options at a price of NOK 0.482045 per share, paying a total of NOK 485,045 in cash to subsidiary Lokotech Group AS under the company’s share option programme. Following registration of the related share capital increase in the Norwegian Register of Business Enterprises, Miklozek and related parties’ holdings in Harmonychain will increase by 1,000,000 shares, a move that modestly strengthens insider ownership and triggers mandatory disclosure under EU Market Abuse Regulation and the Norwegian Securities Trading Act.

More about Harmonychain AS

Harmonychain AS, through its subsidiary Lokotech Group AS, operates in the technology and digital asset infrastructure space, focusing on hardware and solutions related to blockchain and cryptocurrency mining. The company is listed on the Norwegian market and is subject to EU and Norwegian securities regulations, including market abuse and securities trading disclosure requirements.

YTD Price Performance: -2.41%

Average Trading Volume: 2,625,231

Current Market Cap: NOK509.5M

For a thorough assessment of 7EW stock, go to TipRanks’ Stock Analysis page.

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