Kyoto Group AS (DE:77K) has released an update.
Kyoto Group AS has reported that several of its key insiders and their associates have accepted an offer for their shares following the offer period completion and general meeting approval of the investment by GF I Kiln HoldCo AS. Notably, Spirax-Sarco Group plc and Inversiones Financieras Perseo, S.L., associated with board members, have agreed to contribute substantial numbers of shares to the offeror. The company, known for its sustainable Heatcube thermal energy storage solution, continues to progress in the renewable energy sector.
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