Monday, December 15, 2014

Kjos sells down in English – HegnarOnline

Kjos sells down in English – HegnarOnline

In a stock exchange announcement Monday emerges that HBK Invest considering selling up to 703,243 shares in Norwegian. Post corresponds to 2 percent of the company.

With today’s closing price of 280 million, this will provide 196.6 million dollars in Treasury to HBK has given Arctic Securities commissioned to look for opportunities to sell.

Although HBK Invest manages to get sold off the entire record, they will still sit with 8,795,873 shares in aviation company, equal 25.02 percent of the stock.

HBK emphasizes that they will remain a long-term owner of Norwegian.

The bookbuilding period begins today.

Kjos owns 76.58 percent of shares in HBK. In addition, he owns 7.64 percent through company Bøgaset AS. Bjørn Halvor Kise 8.24 percent and Tore Kjos’ wholly Tokjo Invest AS owns 7.64 percent

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