Hexagon Composites Completes Share Placement

Hexagon Composites (HXGCF) has released an update.

Hexagon Composites ASA has finalized a private placement of shares, with Flakk Composites AS reacquiring shares previously lent out for the transaction. Flakk Composites AS now holds 7.2% of Hexagon, while Knut Flakk and associates hold a total of 10.7% post-placement. The settlement marks the completion of a transaction that is part of a share option program linked to the company’s managerial staff.

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