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poLight ASA ( (DE:3OL0) ) has issued an update.
Investinor Direkte AS has completed a block sale of 14,149,715 shares in poLight ASA, representing approximately 6.7% of the company’s outstanding shares, at a price of NOK 6.50 per share, totaling around NOK 92 million. This sale reduces Investinor Direkte AS’s stake in poLight ASA to below the 5% disclosure threshold, with the shares now tradeable on Euronext Oslo Børs, while poLight ASA will not receive any proceeds from this transaction.
More about poLight ASA
poLight ASA operates in the technology industry, focusing on the development and production of optical lens solutions. The company is known for its innovative tunable lenses, which are primarily used in consumer electronics, such as smartphones and cameras, enhancing autofocus capabilities.
Average Trading Volume: 593,955
Current Market Cap: NOK1.75B
See more data about 3OL0 stock on TipRanks’ Stock Analysis page.