February 21, 2018 / 7:43 AM / 3 months ago

BRIEF-Tor Olav Troim's Drew Holding sold its Storebrand stake

Feb 21 (Reuters) - Storebrand Asa:

* ‍DREW HOLDING LTD, A COMPANY AFFILIATED WITH TOR OLAV TROIM, HAS ON 20 FEB CLOSED A TRS CONTRACT UNDERLYING 7.450.000 SHARES​

* ‍DREW HAS ON SAME TIME BOUGHT SAME NUMBER OF SHARES, 7.450.000, AT A PRICE OF NOK 70,016/SHARE​

* ‍DREW HAS SUBSEQUENTLY SOLD 10,000,000 SHARES OF STOREBRAND AT A PRICE OF NOK 68,15​

* ‍AFTER THIS TRANSACTION DREW WILL NOT HAVE ANY SHARES OR TRS EXPOSURE IN STOREBRAND​

* ‍DREW HAS, SINCE SEPTEMBER 2015, BEEN REPRESENTED ON BOARD OF DIRECTORS OF STOREBRAND BY MR. HÅKON R. FURE​ Source text for Eikon: Further company coverage: (Reporting By Terje Solsvik)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below