Brief: Bure Equity Sells 750,000 Shares In Cavotec And Issues 1.5 Mln Call Options To Cavotec's New CEO
May 3 (Reuters) - Bure Equity AB BURE.ST :
* BURE EQUITY AB, MAIN OWNER OF CAVOTEC SA, SELLS 750,000
SHARES
IN CAVOTEC AT MARKET PRICE AND ISSUES 1,500,000 CALL OPTIONS TO
DAVID PAGELS, CAVOTEC'S NEW CEO
* OPTIONS CONSIST OF TWO SERIES WITH A TERM OF THREE AND
FIVE
YEARS, RESPECTIVELY
* EACH OPTION PROVIDES RIGHT TO BUY ONE SHARE IN CAVOTEC
Source text for Eikon: ID:nMFNc3n4Jb
Further company coverage: BURE.ST
(Gdansk Newsroom)
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