ABG Sundal Collier acted as sole bookrunner in the NOK 300 million Private Placement of shares in Zaptec ASA

On Wednesday 21 February 2023, Zaptec ASA (”Zaptec” or the “Company”) announced the successful completion of a Private Placement of 11.1 million new shares (corresponding to 14.5% of shares outstanding) at a price of NOK 27.00 per share, generating gross proceeds of NOK 300 million. The price was determined through a publicly announced accelerated bookbuilding process, and corresponds to a 10.1% discount versus the closing price on 21 February 2023 and a 5.3% discount versus the 5-day VWAP as of 21 February 2023.
ABG Sundal Collier has collaborated closely with Zaptec over recent years, acting as sole advisor in connection with the Company’s Private Placement and subsequent listing on Euronext Growth in October 2020, Valinor’s secondary sale of shares in February 2021, the acquisition of Novavolt in May 2021 and the uplisting to the Oslo Stock Exchange’s main list in December 2022.