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Desert Control CEO Transfers Shares Following Option Exercise

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Desert Control AS ( (DE:8KT) ) just unveiled an announcement.

Desert Control AS announced that its CEO, Ole Kristian Sivertsen, has transferred 120,000 shares to his company, OKS Consulting AS, following the exercise of employee share options. This transfer is part of the company’s ongoing share capital increase and is subject to regulatory notifications under the market abuse regulations. The move reflects the company’s internal adjustments and compliance with regulatory standards, which may influence stakeholder perceptions and company operations.

More about Desert Control AS

Desert Control is a company specializing in climate-smart agricultural technology solutions aimed at combating desertification, soil degradation, and water scarcity. It offers a patented product, Liquid Natural Clay (LNC), which helps restore and enhance soil ecosystems, improve water retention, and increase the efficiency of fertilizers, thereby boosting agricultural yields and preserving natural resources.

YTD Price Performance: -5.48%

Average Trading Volume: 7,365

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €23.49M

See more data about 8KT stock on TipRanks’ Stock Analysis page.

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