AS Trigon Capital divest 1,088,000 shares of their holding in Trigon Agri A/S
Trigon Agri A/S principal owner AS Trigon Capital have today sold 1,088,000 shares in Trigon Agri A/S, corresponding to approx. 1.8 per cent of total capital and votes. After the transaction AS Trigon Capital holds 7,579,074 shares in Trigon Agri A/S, corresponding to 12.7 per cent of total capital and votes.
In May 2007 Trigon Capital subscribed for approx. 6.6 million shares in connection with the initial public offering of Trigon Agri A/S, where after Trigon Capital’s total holding amounted to 8,667,074 shares, corresponding to approx. 14.5 per cent of total capital and votes. Due to regulatory reasons related to the balance sheet concentration limits applying to asset management companies, AS Trigon Capital has been required at some state to divest parts of their holding.
“We have been contacted by HQ Bank who had buyers for a part of our holding and due to our interest to increase the number of shareholders for better liquidity in the shares together with the regulatory reasons, at some state to divest a part of our holding, we decided to accept the bid from the buyers for these shares. The divested shares do not constitute part of the shares under lock-up agreements undertaken during the offering in May 2007.” Joakim Helenius, CEO of AS Trigon Capital, says.