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SoftwareOne Increases Stake in Crayon Group Holding ASA

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SoftwareOne Increases Stake in Crayon Group Holding ASA

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Crayon Group Holding ASA ( (CRAYF) ) has provided an announcement.

SoftwareOne Holding AG, a global software and cloud solutions provider, has terminated its total return swap agreement involving Crayon Group Holding ASA shares. By exercising a physical settlement option, SoftwareOne has acquired 4,578,588 shares, increasing its stake to 91.77% of Crayon’s share capital and voting rights, thus surpassing the 90% threshold required for mandatory notification under Norwegian law.

The most recent analyst rating on (CRAYF) stock is a Buy with a NOK160.00 price target. To see the full list of analyst forecasts on Crayon Group Holding ASA stock, see the CRAYF Stock Forecast page.

More about Crayon Group Holding ASA

Average Trading Volume: 166,490

Current Market Cap: NOK12.92B

See more data about CRAYF stock on TipRanks’ Stock Analysis page.

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