Saga Pure: Contemplating establishment and subsequent listing of new investment company
(Oslo, 9 November 2022) Saga Pure ASA (Saga Pure, OSE: SAGA) today announces the intention to establish a new industrial investment company focused on distressed assets, with the ambition of a separate listing on Euronext Growth in the first quarter of 2023. The new company will have NOK 500 million in equity in form of cash.Highlights · Saga Pure ASA has since its inception in the fourth quarter of 2020 realized net gains of NOK 490 million, contributing to a cash position of NOK 780 million as per primo November 2022. · The Board of Directors considers the company to be