ABG Sundal Collier acted as joint bookrunner for Sikri in connection with the Company’s NOK 100 million private placement

On Tuesday, 22 November 2022, Sikri Holding ASA (“Sikri” or the “Company”) announced the completion of a private placement of 10,000,000 new shares at a subscription price of NOK 10 per new share. The offer price was determined in an accelerated bookbuilding process and represents a discount of 2.6% to the 10 days VWAP and a premium of 23.5% to the 20-day VWAP. Furthermore, it is equal to the offer price in the private placement completed on 2 September 2022, a transaction where ABG Sundal Collier also acted as joint bookrunner.
The Company intends to use the net proceeds from the private placement to strengthen its balance sheet by reducing the Company’s leverage, partly replacing the debt financing component of the Company’s strategic acquisition of Metria AB, a transaction where ABG Sundal Collier acted as financial advisor to Sikri