ABG Sundal Collier acted as joint bookrunner in connection with the NOK 764 million clean-up trade by TryghedsGruppen in SATS

On Wednesday 10 September 2024, TryghedsGruppen, through TG Nordic Invest, announced the sale of 20.5 million shares in SATS (the “Company”), representing approximately 10.1% of the Company. The transaction was priced at NOK 37.25 per share resulting in a total transaction size of NOK 764 million. Following the transaction, TryghedsGruppen no longer holds any shares in SATS.
ABG Sundal Collier acted as joint bookrunner in the transaction, continuing its strong track record of repeat transactions in SATS since the Company’s IPO. This transaction was the fifth consecutive sell-down on which ABG Sundal Collier has advised over the past ~18 months placing in total more than 62% of the shares in the Company to leading Nordic and international institutional investors.