Scana ASA Insiders Exercise Over 1.1 Million Options

Scana ASA (DE:1MP) has released an update.

Scana ASA insiders have exercised over 1.1 million share options, with CFO Torvald Ulland Reiestad and VP Finance Morten Riiser among the primary participants, significantly increasing their shareholdings. The options, priced at 1.42 per share, will result in the issuance of new shares and expand the company’s share capital. Scana, a leading technology and services provider to the energy and offshore industries, is strengthening its position through these insider transactions.

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