ABGSC acted as sole global coordinator and bookrunner in the SEK 473m directed share issue in Sdiptech

On Tuesday 9 March 2021, Sdiptech announced the successful completion of a directed share issue of 1.5 million shares at a price of SEK 315 per share, raising proceeds of SEK 473m. This marks the third successful placing in Sdiptech during the last nine months where ABG Sundal Collier acted as sole global coordinator. The three placings consist of two directed share issues and one placing for Sdiptech’s principal owner totalling approx. SEK 1bn. The directed share issue attracted very strong interest and was subscribed by Swedish and international investors, which included, among others Grandeur Peak Global Advisors, Handelsbanken Fonder, Invesco Asset Management, Skandia Fonder, Skandia Liv, Swedbank Robur and Öhman Fonder. The price was determined in an accelerated book building process and corresponded to a 5.5 percent discount against the issue day’s VWAP on Nasdaq First North Premier Growth Market.
The directed share issue will broaden the ownership base and the proceeds will increase the financial flexibility for further acquisitions.