Marvin Holding Limited (a holding company owned by EQT V Limited and its co-investors) (“Marvin”) has sold 12,000,000 shares in AcadeMedia AB (publ) (“AcadeMedia”) through an accelerated bookbuilding process to Swedish and international institutional investors at a price of SEK 58 per share (the “Placing”). The Placing was several times oversubscribed.
Following the Placing, Marvin owns 39,248,326 shares in AcadeMedia, representing approximately 41.6% of the total number of shares in AcadeMedia. Subject to customary exceptions or obtaining consent from Carnegie and Nordea, Marvin has agreed to a lock-up period, in relation to its remaining shares in AcadeMedia, until the period ending on the date of the publication of AcadeMedia’s interim report as at and for the three months ended on 31 March 2017, that currently is planned to be published on 10 May 2017.
Carnegie Investment Bank AB (publ) acted as joint bookrunner in connection with the Placing.