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Saga Pure ASA Launches Mandatory Offer for S.D. Standard ETC Plc Shares

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Saga Pure ASA Launches Mandatory Offer for S.D. Standard ETC Plc Shares

The latest update is out from S.D. Standard Drilling PLC ( (DE:S1P) ).

Saga Pure ASA has announced its intention to launch a mandatory offer for all remaining shares in S.D. Standard ETC Plc, with the offer document approved by the Norwegian Financial Supervisory Authority. The offer price is set at NOK 1.90 per share, with the offer period running from April 7 to May 5, 2025, and settlement in NOK within two weeks after the offer period ends.

More about S.D. Standard Drilling PLC

YTD Price Performance: 8.21%

Technical Sentiment Signal: Strong Sell

Current Market Cap: €81.79M

Learn more about S1P stock on TipRanks’ Stock Analysis page.

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