Skandia GreenPower AS (DE:0RQ) has released an update.
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Tommie Rudi, CEO of Skandia GreenPower AS, has sold 500,000 shares of the company for NOK 1.10 each through his investment firm, Evendo Invest AS, reducing its holding but still owning over 57 million shares. The sale is part of a strategy to pay off Evendo Invest’s debt and rebalance its stake in Skandia GreenPower.
For further insights into DE:0RQ stock, check out TipRanks’ Stock Analysis page.