Ability Group ASA (AGR) completes IPO

Posted

The following is a matter of record and does not constitute an offering in any jurisdiction.

Ability Group ASA (AGR) has completed a share issue and secondary sale at NOK 47 per share. The indicative price range was NOK 45 to NOK 53 per share. The total number of shares sold in the offering including the over allotment option was 27.4 million.

The offering was well over-subscribed. After the new issue of shares, AGR’s share capital is NOK 127,547,890 divided on 63,773,945 shares. The market capitalisation of AGR following completion of the new issue of shares is approximately NOK 3 billion.

SEB Enskilda ASA and Pareto Securities ASA have acted as managers for the offering.