Core Points - UBS AG has acquired a total of 405,631 shares of Solar B, representing an ownership stake of 5.07% following a purchase on December 3, 2025 [1] Company Overview - Solar is a leading European sourcing and services company focused on electrical, heating and plumbing, ventilation, climate, and energy solutions [2] - The company generated approximately DKK 12.2 billion in revenue in 2024 and employs around 2,900 people [3] - Solar is listed on Nasdaq Copenhagen under the designation SOLAR B and is headquartered in Denmark [3] Business Focus - The core business of Solar revolves around product sourcing, value-adding services, and optimizing customers' operations [2] - The company emphasizes efficiency improvement and provides digital tools to enhance customer success [3] - Solar is committed to driving the green transition and offers best-in-class solutions for sustainable resource use [3]

Core Points - Solar A/S has completed a capital increase by issuing 646,000 new B-shares, raising gross proceeds of DKK 123,386,000 [1][4] - The total nominal share capital of Solar after the increase is DKK 800,600,000, consisting of DKK 90,000,000 in A-shares and DKK 710,600,000 in B-shares [2] - The new shares represent approximately 10% of the total B-shares outstanding and about 8.07% of the registered share capital post-capital increase [4] Company Information - Solar is a leading European sourcing and services company focused on electrical, heating, plumbing, ventilation, and energy solutions [8] - The company generated revenue of approximately DKK 12.2 billion in 2024 and employs around 2,900 people [9] - Solar is listed on Nasdaq Copenhagen under the short designation SOLAR B [9]

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]

Group 1 - The core business of Solar focuses on product sourcing, value-adding services, and optimization of customers' businesses in the electrical, heating and plumbing, ventilation and climate, and energy solutions sectors [2][3] - Solar generated revenue of approximately DKK 12.2 billion in 2024 and employs around 2,900 people [3] - The company is headquartered in Denmark and is listed on Nasdaq Copenhagen under the short designation SOLAR B [3] Group 2 - The financial calendar for 2025 includes key dates such as the Annual General Meeting on March 13, 2025, and the payment of dividends on March 18, 2025 [1] - Quarterly reports for 2026 are scheduled for May 7, August 13, and November 3 [1]

Core Viewpoint - Solar Norge AS has signed an agreement to acquire 100% of Sonepar Norge AS for an enterprise value of DKK 315 million, with the transaction expected to enhance operational and commercial synergies, driving growth and earnings in the Norwegian market [1][2][5] Transaction Overview - The acquisition will be financed through a combination of 1/3 equity financing and 2/3 debt financing, with expected acquisition costs of DKK 5 million in 2025 [1][6] - The transaction is subject to regulatory approvals and is anticipated to be completed by early December 2025 [6][8] Strategic and Financial Rationale - The combination of Solar and Sonepar is seen as a unique opportunity to create a leading distributor in Norway, focusing on electrical, ventilation, climate, and energy solutions [5][6] - The acquisition is expected to generate a combined annual revenue of approximately DKK 2.5 billion and a portfolio of 25,000 stock keeping units (SKUs) [3][6] Company and Market Position - Sonepar Norge has a strong market presence with an annual revenue of approximately DKK 700 million, a loyal customer base of nearly 4,000, and a comprehensive portfolio of over 12,000 SKUs [2][3] - The integration of operations is expected to yield significant operational synergies, including consolidation of administration, logistics, and IT infrastructure [7][8] Sustainability Focus - Both companies emphasize sustainability, with Sonepar focusing on ESG-compliant sourcing, which aligns with Solar's commitment to driving the green transition [2][10]