BEWI ASA - Mandatory notification of trade and disclosure of large shareholding
Frøya Invest AS, a large shareholder and close associate to CEO Christian Bekken and board member Stig Wærnes of BEWI ASA, announce intra-group restructurings of ownership and consequently reports notification of trades and disclosure of large shareholding. Oslo Børs has granted an exemption from the mandatory bid obligation pursuant to section 6-2 (3) of the Norwegian Securities Trading Act, based on the consideration that the intra-group reorganization of ownership in BEWI does not involve a change of control or is part of a chain of transactions that may constitute a change of control.