ABG Sundal Collier acted as joint bookrunner in the NOK 1,001m private placement in Crayon

On Tuesday, 9 November 2021, Crayon Group Holding ASA (Crayon) announced the successful completion of a private placement of NOK 1,001 million priced at NOK 190 per share. The transaction comprised of a primary share issue of approximately NOK 700 million and a secondary sale of shares amounting to approximately NOK 300 million by Karbon Invest AS. The Private Placement was multiple times oversubscribed and attracted strong interest from existing shareholders as well as new Nordic and international institutional investors. The net proceeds from sale of the new shares will be used for future acquisitions and general corporate purposes. Following the private placement, Karbon Invest AS holds 4,800,000 shares in Crayon, corresponding to 5.48% of the outstanding share capital.
ABG Sundal Collier acted as joint bookrunner in the transaction.