Desenio Group AB (“Desenio” or “the Company”), a portfolio company of Verdane, announced on Thursday 25 February 2021 the successful placement of 61.9 million existing shares at a price of SEK 72.00 per share (the “Offer Price”) for a total transaction size of SEK 4,456 million (the “Private Placement”). The Offer Price implies an equity value on a fully diluted basis of approximately SEK 11.0 billion.
The transaction attracted strong interest from investors and was multiple times oversubscribed. Capital Research Global Investors, Capital World Investors, Cliens Kapitalförvaltning, DNB Asset Management, Fidelity
International, Handelsbanken Fonder, Kuvari Partners, Lannebo Fonder and Ophir Asset Management were cornerstone investors in the Private Placement, with total commitment of approximately SEK 3.2bn.
The Company’s shares start trading on Nasdaq First North Growth Market today, 25 February 2021, under the ticker “DSNO”.
ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the transaction, following its role as sole manager and bookrunner for Desenio in in connection with the SEK 1,100 million bond to finance the acquisition of Poster Store in 2020.
Contact