Bakkafrost: BAKKAFROST: Flagging
In a transaction made on 3 0 May 2024 Sprucegrove Investment Management has incresed its shareholding above 5% of the total outstanding number of shares in P/F Bakkafrost.
a. Name of Issuer of shares: Bakkafrost P/F
b. Date which holding exceeded threshold: May 30, 2024
c. Name of Shareholder: Sprucegrove Investment Management
d. Number of shares the notification encompasses: 2,977,169 shares (5.02%) based on shares outstanding of 59,304,619 shares (source: Signal)
e. Subsequent Situation Prior to Disclosure: Not Applicable. This is our first disclosure for this company investment.
f. Percentage of the votes/shares of the company held in the form of rights to shares: 0
g. The circumstance that triggered disclosure obligation: Purchase of shares for client accounts
h. Chain of controlled undertakings through which shares/rights are owned: Shares are held beneficially in client accounts which are managed by Sprucegrove Investment Management
i. Notification concerning rights to shares: Sprucegrove does not hold any rights