RE: Cindringo16 Aug 2019 20:22
Danir AB paid CAD $7.88 a Cindrigo share so CIC's 600,000 shares should be worth CAD $4,728,000 that's 2,936,645 pounds Stirling if I got my sums right.
"Danir AB Makes Further Investments in Cindrigo
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - Cindrigo Energy Ltd. ("Cindrigo" or the "Company") is pleased to announce the purchase of 144,443 shares of the Company by Danir AB ("Danir") at a price of CAD $ 7.88 (USD $6.00) per share, for a total investment in the amount of CAD $1,164,165 (USD $886,598). On completion of the transaction, Danir will hold a total of 47,460,538 shares, representing a total ownership of 33.92% of the company's total outstanding shares.
About Danir AB
Danir AB is a Swedish entrepreneur-driven holding company owned by the Dan Olofsson family. Danir actively owns, manages and participates in the development of listed and private companies, primarily in development-intensive industries. Danir was founded in 1986 and is permeated by entrepreneurship, long-term perspective and social engagement. The Group sales 2019, is estimated to SEK 7 billion (CAD 1 billion), with some 5,000 employees."