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Prosafe Recapitalization Dilutes Major Shareholders’ Stakes

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Prosafe Recapitalization Dilutes Major Shareholders’ Stakes

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Prosafe ( (GB:0J5Y) ) has shared an announcement.

Prosafe has completed a recapitalization process which significantly diluted the shareholdings of its major stakeholders, North Sea Strategic Investments AS and HV VI Invest Sierra AS, both managed by HitecVision Advisory AS. The shareholders’ combined stake has decreased from approximately 13.84% to 0.72% of the company’s outstanding shares, impacting their influence and crossing key shareholding disclosure thresholds under Norwegian law.

More about Prosafe

YTD Price Performance: -7.01%

Average Trading Volume: 50,466

Current Market Cap: NOK116.1M

For a thorough assessment of 0J5Y stock, go to TipRanks’ Stock Analysis page.

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