Magnora Increases Ownership In Portfolio Company Evolar
T-Reuters
2021-05-31
Magnora ASA :Magnora Asa: Increases Ownership In Portfolio Company Evolar Ab.Magnora Asa - Renewable Energy Development Company Magnora Asa Is Increasing Its Ownership In Evolar Ab (Evolar) To 40.7 Percent..Magnora Has Decided To Call First Of Three Options To Increase Its Shareholding In Company To 40.7%.Will Use Its Existing Cash Holding For Acquisition.Strike Price Was Set Late Last Summer.When (And If) All Options Have Been Exercised, Magnora Will Own 63.5% Of Evolar Ab.