ABGSC acted as sole bookrunner in the SEK 102m directed share issue in Ferroamp

On Wednesday 9 September, Ferroamp announced the successful completion of a directed issue of c. 2 million common shares at a price of SEK 50.00 per share, raising proceeds of SEK 102m. The share issue received very strong interest from high-quality investors and was subscribed by several Nordic and international institutional investors including Nordea Fonder, The First National AP fund and Nordic Cross.
Ferroamp intends to use the proceeds from the share issue to accelerate expansion in the European market, continued investments in solutions and services to take advantage of the attractive market opportunities and to satisfy additional working capital requirements.