Carnegie

Corporate Finance – 25 Nov 2020

Carnegie joint global co-ordinator in the IPO of Nordnet
Nordnet AB (publ) ("Nordnet” or the "Company”), a leading pan-Nordic digital savings and investments platform, today announces the outcome of the initial public offering of its shares on Nasdaq Stockholm (the “Offering”). The Offering attracted very strong interest from large Swedish and international institutional investors as well as the general public in Sweden, Norway, Denmark and Finland. As a result of the Offering, Nordnet will have more than 32,000 shareholders

The Offering in brief
- The Offering price has been set at SEK 96 per share, corresponding to a market capitalisation of Nordnet of SEK 24,000 million
- The Offering comprises 94,000,000 existing shares in the Company, offered by Nordic Capital, E. Öhman J:or Intressenter AB ("Öhman Intressenter") and E. Öhman J:or Intressenter II AB (together the “Selling Shareholders”)
- In order to cover any over-allotment in connection with the Offering, Nordic Capital and Öhman Intressenter have committed to sell up to 14,100,000 additional existing shares, corresponding to 15% of the total number of shares in the Offering (the “Over-Allotment Option”)
- If the Over-Allotment Option is exercised in full, the Offering will comprise a total of 108,100,000 shares, corresponding to approximately 43% of the total number of shares in the Company
- The total value of the Offering amounts to SEK 10,378 million, assuming that the Over-allotment Option is exercised in full
- Trading in the Nordnet share on Nasdaq Stockholm commences today, 25 November 2020, under the trading symbol “SAVE”.
About Nordnet

Nordnet is a leading pan-Nordic digital savings and investments platform with operations in Sweden, Norway, Denmark and Finland. Since it was founded in 1996, the overall objective of Nordnet's business has been to democratise savings and investments by giving private savers access to the same information and tools used by professional investors.

Nordnet offers private savers and investors savings and investments in numerous financial products at a low cost and select lending products through its digital platform. The platform targets private savers in Sweden, Norway, Denmark and Finland and is accessible through Nordnet's digital channels. Nordnet also operates the largest social investment network in the Nordics, Shareville, which brings together more than 250,000 users and enables Nordnet's customers to follow other investors and see their portfolios. Nordnet has, in total, more than half a million members on its social media networks.

Carnegie acted joint global co-ordinator in connection with the IPO.
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Corporate Finance – 2 Oct 2020

Carnegie financial adviser to Qliro in the listing on Nasdaq Stockholm

Qliro AB (“Qliro” or the “Company”), a fast growing fintech company offering online and mobile payment solutions and digital banking services, today published the prospectus regarding admission to trading of Qliro’s shares on Nasdaq Stockholm following the resolution at the EGM in Qliro Group AB to distribute all shares in the Company to Qliro Group AB’s shareholders. First day of trading in Qliro’s shares is expected to be on Friday, 2 October 2020.

About Qliro

Founded in 2014, Qliro is a leading Nordic fintech company offering flexible payment solutions for e-commerce merchants and digital financial services to consumers. Since 2014, Qliro has grown quickly, during the latest year more than 2.2 million customers has used Qliros services and business volumes exceeded SEK 5.5 billion. Qliro has its registered address in Stockholm and is a credit market company under the supervision of the Swedish Financial Supervisory Authority (FI). First day of trading of Qliros shares on Nasdaq Stockholm is expected to be 2nd of October 2020 with the ticker “Qliro”. The largest owners is Rite Ventures with a 25.8% ownership and Mandatum Life (Sampo-controlled company) with a 9.8 % ownership.

Carnegie acted financial adviser in connection with transaction.

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Corporate Finance – 27 Sep 2020

Carnegie financial advisor to Enlabs in acquisition of shares in in Global Gaming

Enlabs AB (“Enlabs”) has today acquired 9,878,086 shares in Global Gaming 555 AB (“Global Gaming”) for SEK 11 per share. The shares will be paid with 50% in cash and with 50% by issuance of new shares in Enlabs. The acquisition increases Enlabs holding from 29.89% to 54.06% of all shares and votes in Global Gaming.

The acquisition of the additional shares in Global Gaming means that Enlabs is obliged to within four weeks make a public offer to tender the remaining shares in Global Gaming (a so-called mandatory public offer, Swe: budpliktsbud).

Enlabs intends to, within four weeks, make a public offer to acquire the remaining shares in Global Gaming. In such public offer, Enlabs will offer all shareholders in Global Gaming to transfer their shares to Enlabs against a consideration corresponding to SEK 11 per share in Global Gaming, which is approximately 34% above the average trading price for Global Gaming shares during the last ninety days of trading. The consideration will not be increased by Enlabs.

About ENLABS

Enlabs stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within gaming. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella, Minsk and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market

Carnegie acts financial advisor to Enlabs in connection with the transaction.

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Corporate Finance – 26 Sep 2020

Carnegie acts as adviser to Altor with respect to capital markets advice in relation to Altor’s and Stena Adactum’s recommended public offer to the shareholders of Gunnebo Aktiebolag

Altor Fund Manager AB and Stena Adactum AB, through GB HoldCo AB, have announced a recommended public offer to the shareholders of Gunnebo Aktiebolag to tender all shares in Gunnebo to GB HoldCo at a price of SEK 25 in cash per share. The shares in Gunnebo are listed on Nasdaq Stockholm, Mid Cap.

About Gunnebo

The Gunnebo Group operates worldwide providing innovative products, software and services to control the flow of valuables, cash and people. Gunnebo offers entrance control, safe storage, cash management and integrated security solutions to customers primarily within retail, mass transit, public & commercial buildings, industrial & high-risk sites and banking. The Group has a turnover of MSEK 5,500 and is listed on NASDAQ Stockholm.

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