The Portuguese major shareholder of poultry company Scandi Standard, Grupo Lusiaves, continues to increase its stake in the company, according to disclosures in the Swedish Financial Supervisory Authority's insider registry.
The latest purchase took place between September 12 and 15, with 11,612 shares acquired at an average price of SEK 98.90 per share, amounting to a transaction value of SEK 1.1 million. The deal was executed on Nasdaq Stockholm.
As of September 11, Grupo Lusiaves owned 13.67 million shares, corresponding to 20.70 percent of the capital and voting rights in Scandi Standard, making it the company's single largest shareholder, according to shareholder service Holdings.
Investment company Öresund, led by Mats Qviberg, is the second-largest shareholder. Together, Öresund and the Qviberg family control a larger stake than Grupo Lusiaves.
