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Lokotech Insider Shifts Subscription Rights in Internal Reorganization

Story Highlights
  • Insider Ståle Flataker moved 263,012 Lokotech subscription rights to his company BFS Invest.
  • The internal transfer leaves Flataker’s overall Lokotech ownership unchanged, signaling no shift in control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lokotech Insider Shifts Subscription Rights in Internal Reorganization

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

Primary insider Ståle Flataker has transferred 263,012 subscription rights in Lokotech Group AS from his personal holdings to his wholly owned company BFS Invest AS at a price of NOK 0.26 per right. Following the internal transaction, Flataker and his related parties continue to hold 10,540,317 shares and 1,175,050 subscription rights in total, leaving his overall ownership position in the company unchanged.

The move is essentially an internal reorganization of Flataker’s holdings between closely associated entities rather than a change in economic exposure to Lokotech. The announcement, made in line with disclosure obligations under the Securities Trading Act and MAR, signals that there is no shift in control or insider confidence, but it maintains transparency for investors regarding insider-related transactions.

More about Harmonychain AS

Lokotech Group AS, listed on the Oslo Stock Exchange under the ticker LOKOS, operates within the technology and digital asset infrastructure segment. The company’s shareholder base includes primary insiders and related investment entities, reflecting an ownership structure where key individuals often hold stakes both directly and through wholly owned companies.

Average Trading Volume: 3,484,776

Current Market Cap: NOK569.5M

See more data about 7EW stock on TipRanks’ Stock Analysis page.

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