Pareto Asset Management Ups Stake in SpareBank1 Østlandet

Sparebank 1 Ostlandet (SPRBF) has released an update.

Pareto Asset Management AS has increased its stake in SpareBank1 Østlandet, acquiring over 7 million equity capital certificates and crossing the 5% ownership threshold to hold 6.13% of the bank’s equity. Both P Invest Norge AS and Parete AS, associated companies owned by Mr. Svein Støle, have divested their entire holdings in SpareBank1 Østlandet, selling their shares as part of a subscription into funds managed by Pareto Asset Management.

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