Keo Capital grants Starboard waiver to sell up to 17,632,893 shares in block trade

Reuters2026/07/27 10:26

By:Reuters

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Keo Capital’s board granted a limited lock-up waiver for Starboard-managed funds to execute a block trade.
Waiver permits sale of up to 17,632,893 shares, about 5% of total shares, roughly one-third of the funds’ combined stake.
Decision was unanimous, with Fabio Vassel, Paulo Thiago Mendonça recused due to relationships with the funds.
Waiver applies only to this transaction; all other lock-up obligations under the March 26, 2026 agreement remain in force.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keo Capital AB published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Keo Capital grants Starboard waiver to sell up to 17,632,893 shares in block trade

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