ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the NOK 1.6bn IPO of Sentia ASA on Oslo Børs

Sentia, a Nordic construction group, yesterday announced the successful completion of the bookbuilding in its initial public offering of shares on Oslo Børs (the “IPO”). The IPO attracted significant interest from high quality investors, as well as from the general public in Norway and Sweden and employees of Sentia, and was close to 15 times oversubscribed, excluding shares pre-allocated to cornerstone investors. The offer price of NOK 50.00 per share corresponds to a market capitalisation of the Company at listing of approximately NOK 5 billion.
The offering consisted of a secondary sale from Ratos Infra AB, which will retain a shareholding of approximately 39.8% post IPO (assuming full exercise of the green shoe option). Four cornerstone investors; DNB Asset Management, Arctic Asset Management, Amundsen Investment Management and TIND Asset Management, were allocated NOK 670 million in the IPO, representing approximately 42% of the shares on offer. In addition, the Company’s CEO, Jan Jahren, was allocated NOK 50 million through his wholly owned company, Jan Jahren AS. After the IPO, the Company will have more than 6,000 new shareholders.
The first day of trading in the Company’s shares on Euronext Oslo Børs is Friday 13 June 2025.