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Sampo has reduced its ownership in NOBA
Globenewswire· 2026-02-11 07:20
Core Viewpoint - Sampo plc has reduced its ownership in NOBA Bank Group AB by selling 10 million shares, generating approximately EUR 95 million in gross proceeds, and now holds a 12.9% stake in the company [1][2]. Group 1: Share Sale Details - The Share Sale was conducted through an accelerated bookbuilding process with Nordic Capital as a partner [1]. - The sale resulted in Sampo holding 64.7 million shares of NOBA after the transaction [2]. - DNB Carnegie Investment Bank AB, Goldman Sachs Bank Europe SE, and J.P. Morgan SE acted as Managers for the accelerated bookbuilding process [2]. Group 2: Lock-up Agreement - Sampo and Nordic Capital have agreed not to transfer or dispose of any remaining shares in NOBA for 90 days following the settlement of the Share Sale, with certain customary exceptions [3].
Solar A/S: No. 12 2025 Solar A/S launches offering of up to 646,000 new B-shares in a directed issue and private placement
Globenewswire· 2025-11-11 16:01
Core Points - Solar A/S is launching an offering of up to 646,000 new B-shares, representing up to 10% of total B-shares outstanding and up to 8.78% of total registered share capital [1][2] - The net proceeds from the offering will be used for partial payment of the acquisition of Sonepar Norge AS [2] - The offering will be executed through an accelerated bookbuilding process and is fully underwritten by Fonden af 20. December [5][6] Offering Details - The offering will not be registered in the US and will be made to institutional and professional investors in Denmark and other relevant jurisdictions [3][4] - The offer price will be determined through the bookbuilding process, which is expected to close at any time [5] - A lock-up commitment for 180 days will be undertaken by the company and its board members following the settlement of the offering [7] Share Capital Increase - The decision to launch the offering is authorized by the board of directors under article 9(2) of Solar's articles of association [8] - The new shares will rank pari passu with existing B-shares and will be negotiable instruments without special rights [9] Trading and Listing - If issued, the new shares will be listed under the existing ISIN code DK0010274844 on Nasdaq Copenhagen, expected around 17 November 2025 [11][12] - The offering will be settled through Euronext Securities by way of book entry against cash payment [13] Timeline - Key dates include pricing and allocation on 11 November 2025, settlement on 14 November 2025, and admission to trading on 17 November 2025 [14]