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Desert Control AS ( (DE:8KT) ) just unveiled an announcement.
Desert Control AS announced that its CEO, Ole Kristian Sivertsen, has exercised 200,000 subscription rights as part of the company’s share incentive program. This move will result in the issuance of 120,000 new shares and an increase in the company’s share capital, signaling strategic insider confidence and potential growth prospects for the company.
More about Desert Control AS
Desert Control is a company that focuses on climate-smart agricultural technology solutions aimed at addressing desertification, soil degradation, and water scarcity. Their primary product, Liquid Natural Clay (LNC), is designed to improve soil ecosystems by reducing water usage and enhancing the efficiency of fertilizers and natural resources, ultimately increasing crop yields and plant health.
YTD Price Performance: 4.76%
Average Trading Volume: 7,282
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €25.11M
Find detailed analytics on 8KT stock on TipRanks’ Stock Analysis page.
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