ABG Sundal Collier acted as financial advisor to Solid Försäkring in the Lex Asea spin-off from Resurs Holding and subsequent listing on Nasdaq Stockholm

The Extraordinary General Meeting in Resurs Holding on 2 November 2021 resolved to distribute all shares in the wholly owned subsidiary Solid Försäkring to Resurs Holding’s shareholders. The distribution was effectuated with record date on 29 November 2021. In connection with the spin-off from Resurs Holding, Solid Försäkring applied for admission to trading on Nasdaq Stockholm. The listing on Nasdaq Stockholm has successfully been completed with first day of trading today on 1 December 2021. Solid Försäkring is thus the first listed insurance company in Sweden since 2007.
The rationale for the separation of Solid Försäkring and the listing on Nasdaq Stockholm is to raise awareness of Solid Försäkring’s operations, strengthen the brand among both partners and customers, improve the ability to attract and retain qualified personnel and key employees and enable an expanded market potential in the form of new opportunities to enter into partnerships. Furthermore, the listing will entail an independent and more efficient capital allocation with direct access to the Swedish and international capital markets, including a broad and long-term ownership base, which is expected to support Solid Försäkring’s continued growth and development.
ABG Sundal Collier acted as financial advisor to Solid Försäkring in the Lex Asea spin-off from Resurs Holding and subsequent listing on Nasdaq Stockholm.