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Saga Pure ASA ( (DE:SAT) ) has issued an announcement.
Tycoon Industrier AS has acquired 10 million additional shares in Saga Pure ASA, lifting its holding to 141.21 million shares, or 20.924% of the company’s share capital and voting rights, thereby crossing the 20% ownership threshold and strengthening the influence of the shareholder associated with CEO Espen Lundaas. Together with Ferncliff Property AS, entities within the Ferncliff group now control a combined 241.21 million shares, representing 35.741% of Saga Pure’s shares and voting rights, consolidating a significant, though not newly notifiable, stake that underscores continued strategic backing from its largest owners under Norway’s securities disclosure regime.
More about Saga Pure ASA
Saga Pure ASA is a Norwegian-listed investment company focused on opportunities within the renewable energy and clean-tech sectors, providing capital to companies and projects positioned for the energy transition.
Average Trading Volume: 2,419,814
Current Market Cap: NOK965.8M
See more data about SAT stock on TipRanks’ Stock Analysis page.