Norwegian investors Arne Fredly and Arne Blystad have both offloaded a chunk of Oslo-listed investment firm Hunter Group.
Fredly’s AF Capital sold around 22.3m shares for NOK1.76m ($177,717) and now owns 168.5m shares in the company corresponding to a 29,29% stake.
Meanwhile, Blystad’s Songa Capital has disposed of some 28,7m shares for an undisclosed amount and is left with 7.23m shares, equal to 1.26% of the share capital and voting rights.
Hunter sold its entire fleet of four very large crude carriers (VLCCs) for $383m last year. The company logged a fourth-quarter 2022 net profit of $30.18m. The 2020-built Hunter Freya (pictured) was delivered during the quarter for $95.5m and renamed Water Tiger.
