May 7, 2018 / 2:45 PM / 2 months ago

BRIEF-Geveran Buys 3.6 Mln Shares In Axactor

May 7 (Reuters) - Axactor AB (publ):

* GEVERAN TRADING CO. LIMITED (“GEVERAN”), A COMPANY INDIRECTLY CONTROLLED BY TRUSTS ESTABLISHED BY MR. JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS ON 7TH MAY 2018 ACQUIRED 3,600,000 SHARES IN AXACTOR AB (PUBL) (“AXACTOR”) AT A PURCHASE PRICE OF NOK 2.7603 PER SHARE.

* FOLLOWING ACQUISITION, GEVERAN WILL OWN 195,502,500 SHARES IN AXACTOR WHICH WILL CONSTITUTE 12.66% OF SHARES AND VOTES IN AXACTOR. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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