Norditek Group AB (publ) ("Norditek" or the "Company"), an environmental technology company with a focus on mobile and flexible recycling facilities within the segments Waste, Gravel & Rock and Biomass, today announces the outcome of the offer to subscribe for shares in connection with the Company's listing on Nasdaq First North Growth Market (the "Offer"). The interest in the Offer has been very high and the Offer was subscribed to more than 450 percent. In total, subscriptions were received from more than 4300 investors.
Summary of the offer
- The price per share in the Offer was, as previously communicated, SEK 11 per share.
- The Offering comprised a maximum of 2365,000 shares, corresponding to a value of SEK 26 million.
- Prior to the Offering, a consortium consisting of both existing and new investors has, at the same price and conditions as for other investors, committed to subscribe for shares in the Offering at a value of approximately SEK 17 million. The commitments correspond to approximately 65 percent of the number of shares in the Offering.
- The main shareholders have entered into lock-up commitments of up to 36 months from the first day of trading on Nasdaq First North Growth Market.
- The first day of trading on Nasdaq First North Growth Market is expected to be November 10, 2021, under the ticker "NOTEK".
Number of shares and share capital
In total, the number of shares in Norditek will increase by 2,365,000. The total number of shares in the Company after the issue has been registered with the Swedish Companies Registration Office amounts to 12,637727 shares. All shares are of the same type and thus carry the same rights. After the completed and fully subscribed issue of 2 365 000 shares, the share capital will amount to SEK 1 264 227. In total, the Company will receive almost 1,500 new shareholders through the Offer.
Daniel Carlberg, CEO of Norditek Group, comments:
"It is with great pleasure and enthusiasm that we now list Our shares on Nasdaq First North Growth Market. The great interest in subscribing for shares in the offer makes me extremely proud and is further proof that many people believe in Our business model that contributes to a more circular society. I would hereby like to welcome all new shareholders on the journey where we now take the next step in the continued development of Norditek together."
About Norditek Group
Norditek Group is an environmental technology company focusing on mobile and flexible recycling facilities in the Waste, Gravel & Rock and Biomass segments. The company both develops and sells facilities through a well-proven offer that enables cost savings for its customers while contributing to a more circular society. During its more than twenty-year history, the company has built up a proven profitable business model with self-financed growth. The flexible business model enables recurring revenue by the Company offering the customer an individually customized concept solution where the customer can choose to first rent a concept and then buy it and can then receive parts of the rent paid. Through a constant focus on technical solutions in recycling, Norditek drives the transition to a more sustainable future.
Advisers
Partner Fondkommission is financial advisor and issuing agent in connection with the Offer and Advokatfirman Vinge is legal advisor to the Company in connection with the Offer.
Contact us
Daniel Carlberg, CEO Norditek Group AB (publ)
E-postdaniel.carlberg@norditek.se
Phone (+46) 702 19 04 91
Norditek's Certified Adviser is Partner Fondkommission,info@partnerfk.se, 031-761 22 30 (https://www.google.com/search?q=partner+fondkommission&rlz=1C1OKWM_svSE938SE938&oq=partner+fond&aqs=chrome.0.0i355i512j46i175i199i512j69i57j0i512j0i22i30l3j69i60.1767j0j9&sourceid=chrome&ie=UTF-8).
This information is information that Norditek Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 2021-11-02 09:30 CET.