tiprankstipranks
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.

Invest with Confidence:

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
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