CTEK AB (publ) (”CTEK” or the ”Company”), the leading global supplier of premium low voltage battery chargers for vehicles and in 2020 the second largest supplier in Sweden of electric vehicle supply equipment (“EVSE”) products, today announces the outcome of the offering of the Company’s shares (“the Offering”) and the listing of the shares on Nasdaq Stockholm. The Offering attracted strong interest, both from institutional investors in Sweden and internationally as well as the general public in Sweden. The Offering was heavily oversubscribed.
About CTEK
CTEK is the leading global supplier of premium low voltage chargers and the second largest EVSE product supplier in Sweden. The Company is characterised by a strong innovation culture and works continuously to improve and develop new products to meet customer needs. CTEK was founded in Vikmanshyttan in 1997 and today has sales in more than 70 countries. With a history of innovation and technology leadership, the Company meets new customer demands by continuously developing its innovative product offering and operations. Based on its technology leadership, the Company has established strong and longstanding customer relationships with more than 50 of the world’s most prestigious vehicle OEMs. In addition to OEMs, the Company also offers products to workshops, distributors, retailers, parking lots, charge point operators, property owners and consumers.
Carnegie is acting as sole global co-ordinator and joint bookrunner in connection with the IPO