SpareBank 1 SMN Equity Sale and Lock-up Agreement
Company Announcements

SpareBank 1 SMN Equity Sale and Lock-up Agreement

SpareBank 1 SMN (SRMGF) has released an update.

SpareBank 1 SMN saw a sale of 2.5 million equity certificates by Sparebankstiftinga Søre Sunnmøre at NOK 160 each, reducing the seller’s stake to about 7.26%. The transaction, facilitated by Arctic Securities AS and SpareBank 1 Markets AS, includes a 6-month lock-up agreement for the remaining shares.

For further insights into SRMGF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskSpareBank 1 SMN Expands Employee Investment Program
TipRanks Auto-Generated NewsdeskSpareBank 1 SMN Reports Strong Q3 2024 Earnings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App