ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the SEK 581 million IPO of Permascand on Nasdaq First North Premier Growth Market

Permascand Top Holding AB (publ) (“Permascand”), an independent technology-driven manufacturer of electrochemical solutions proprietary catalytic coatings for clean tech applications, has successfully completed its initial public offering (“IPO”) on Nasdaq First North Premier Growth Market. The IPO attracted great interest from Nordic and international institutional investors, as well as the general public in Sweden, and was heavily oversubscribed. Trading commenced on 4 June 2021.
Länsförsäkringar Fondförvaltning, RAM One AB on behalf of the investment funds RAM ONE and RAM Equity Long Short, and SEB Investment Management were cornerstone investors in the transaction. The IPO was priced at SEK 34 per share, which corresponds to a total market value of all outstanding shares of the Permascand of approximately SEK 2,017 million after the completion of the IPO.