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SED Energy Shareholder Divests Entire Stake

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SED Energy (ENH.OL) shareholder Energy Ventures IV sold its remaining 6% stake in the company in a secondary placement.

The shares were priced at 8 Norwegian kroner apiece for a total of 299.2 million kroner, according to a Thursday release. Settlement is scheduled for June 15.

Clarksons Securities and Fearnley Securities were the joint bookrunners for the offering.

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