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Xplora Technologies AS ( (DE:86P) ) has issued an update.
Passesta AS has sold 1,200,000 shares in Xplora Technologies AS, representing 2.68% of the company’s share capital, to primarily Nordic institutional investors at NOK 50 per share, generating gross proceeds of NOK 60 million. Following this transaction, Passesta retains a 10.63% stake in Xplora Technologies and has agreed to a 180-day lock-up period for its remaining shares, indicating a continued commitment to the company.
More about Xplora Technologies AS
Average Trading Volume: 77,136
Current Market Cap: NOK2.46B
For an in-depth examination of 86P stock, go to TipRanks’ Overview page.