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BRIEF-Gjelsten Holding cuts stake in Kid ASA to 36.6 pct
September 30, 2016 / 1:42 PM / a year ago

BRIEF-Gjelsten Holding cuts stake in Kid ASA to 36.6 pct

Sept 30 (Reuters) - Kid ASA :

* Gjelsten Holding AS, Kid’s largest shareholder and primary insider, sold 5 million shares in Kid at price of 29.50 Norwegian crowns ($3.70) per share

* Following transaction, Gjelsten Holding AS holds 14.9 million Kid shares, representing 36.61 pct of co’s outstanding shares Source text for Eikon: Further company coverage: ($1 = 7.9813 Norwegian crowns) (Gdynia Newsroom)

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