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The latest update is out from M Vest Water AS ( (DE:7YA) ).
M Vest Water AS board member Atle Mundheim has sold 171,429 shares in the company at an average price of NOK 7.00 per share through his wholly owned company ATLICKA HOLDING AS. The sale is intended to finance an investment in an agent company based in Saudi Arabia, aimed at scaling up M Vest Water’s existing activities in the Middle East, signalling a strategic push to deepen the company’s regional presence; following the transaction, Mundheim retains 1,666,431 shares and 180,000 options in the company, indicating continued significant ownership and alignment with shareholder interests.
More about M Vest Water AS
M Vest Water AS operates in the water treatment sector, focusing on technologies and solutions aimed at improving water quality for industrial and regional markets, including ongoing activities in the Middle East.
Average Trading Volume: 17,900
Current Market Cap: NOK235.4M
Learn more about 7YA stock on TipRanks’ Stock Analysis page.