ABG Sundal Collier acted as sole bookrunner in the SEK 110m directed share issue in Seafire

On Thursday 9 September 2021, Seafire announced the successful completion of a directed share issue of 5 million shares at a price of SEK 22 per share, raising proceeds of SEK 110m. The directed share issue attracted very strong interest and was subscribed by Swedish and international institutional investors, which included, among others Alcur Fonder, Cliens Kapitalförvaltning, Creades and Expassum Förvaltning. The price was determined through an accelerated book building process and corresponded to a 6 percent discount against the issue day’s closing price on Nasdaq First North Growth Market.
The directed share issue will broaden the ownership base and the proceeds will increase the company’s financial flexibility for further acquisitions.