REC Silicon ASA (REC.OL)
Nov 2 Rec Silicon, which produces polysilicon and silicon gas to the solar and electronics industries, said:
* Due to ongoing negative effects from the trade war between the U.S. and China and the recent decline in PV market conditions, lower sales than previously anticipated have occurred in the third quarter
* Kagra Gruppen AS, a company controlled by Jens Ulltveit-Moe, REC Silicon's chairman, on Friday bought 5 million shares in REC Silicon at NOK 1.5854 per share.
* Silicon gas prices are expected to remain near current levels