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SoftwareOne Amends TRS Agreement with Crayon Group

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The latest update is out from Crayon Group Holding ASA ( (CRAYF) ).

SoftwareOne Holding AG has amended its total return swap agreement related to its financial exposure in Crayon Group Holding ASA, maintaining its exposure to 6,259,613 shares, which represents approximately 6.98% of Crayon’s total shares. This amendment allows SoftwareOne the option for either physical or cash settlement and expedites the TRS settlement upon completion of its offer to acquire all outstanding Crayon shares, potentially impacting Crayon’s shareholder structure and market dynamics.

More about Crayon Group Holding ASA

YTD Price Performance: -4.33%

Average Trading Volume: 597

Technical Sentiment Signal: Sell

Current Market Cap: $938.7M

For detailed information about CRAYF stock, go to TipRanks’ Stock Analysis page.

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