Industrial company Scana’s major shareholder Rieber & Søn bought 4 439 809 shares in the company on 2 October at a price of 1.40 Norwegian kroner per share.
The purchase price amounts to approximately 6.2 million Norwegian kroner. Following the transaction, Rieber & Søn owns 154 924 375 shares in Scana, corresponding to 33.54 percent of the shares and votes.
Rieber & Søn has thereby passed the threshold of one-third of the votes and is obliged to make an offer for the remaining shares in Scana.
The company intends to submit such an offer within four weeks.
