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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Eni Spa | BIT:ENI | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.284 | -1.83% | 15.236 | 15.20 | 15.28 | 15.76 | 15.178 | 15.68 | 12,647,880 | 02:01:08 |
From Apr 2022 to Apr 2024
By Dominic Chopping
Norwegian oil-and-gas company Var Energi ASA said Thursday that shareholders Eni International B.V. and HitecVision AS have sold 124.8 million shares in the company, representing around 5.0% of the outstanding shares, at 40.20 Norwegian kroner ($4.24) each.
The company said 29.5 million shares were sold by Eni and 95.4 million shares were sold by HitecVision.
As a result of the offering, the free float in the company will increase to around 16.2% from 11.2%.
Following completion of the offering, Eni holds 1.57 billion shares in the company, representing around 63.1% of the outstanding shares in the company, and HitecVision holds 517.6 million shares, representing around 20.7% of the outstanding shares.
Var Energi shares closed Wednesday at NOK45.87.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 09, 2022 03:00 ET (07:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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