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Announcement of public offering of shares of Nordic Fibreboard AS
Globenewswire·2025-09-08 05:45

Core Viewpoint - Nordic Fibreboard AS is conducting an additional public offering of its shares exclusively for existing shareholders, who will receive pre-emptive subscription rights based on their current holdings [1][3]. Offering Details - The offering includes up to 4,000,000 shares, allocated according to subscription orders, with a preference for existing shareholders based on their pre-emptive rights [2]. - The offering period starts on 12 September 2025 and ends on 26 September 2025, with a share price set at EUR 0.50, comprising EUR 0.10 as book value and EUR 0.40 as share premium [4][5]. - If the total subscriptions exceed the available shares, allocation will be proportional to pre-emptive rights, and the Supervisory Board will make final decisions on any discrepancies [2][3]. Important Dates - Key dates include the start of the offering on 12 September 2025, the end on 26 September 2025, announcement of results around 30 September 2025, and the first trading day expected on 15 October 2025 [5]. Subscription Process - Investors must submit subscription orders through their account operators managing their Nasdaq CSD securities accounts, with specific details required for the order [6][7]. Company Overview - Nordic Fibreboard AS is a holding company based in Estonia, primarily engaged in the production and wholesale of building materials through its subsidiary Nordic Fibreboard Ltd OÜ [8].