Wikborg Rein has assisted EcoOnline Holding AS in its listing on Euronext Growth
We have assisted EcoOnline Holding AS in the listing of the company's shares on Euronext Growth Oslo.
Prior to the listing, the company completed a private placement of shares in a combined primary and secondary offering raising gross proceeds of NOK 1.6 billion. If over-allotted shares are included (which may be used by the managers for price stabilisation purposes), the total offering was NOK 1.84 billion. The private placement was well received in the market, and was significantly oversubscribed. The post-money market capitalisation of the company is approximately NOK 4.1 billion based on the subscription price in the private placement.
EcoOnline is a leading provider of health, safety, environmental and quality software-as-a-service (“SaaS”) solutions. The group's software helps more than 6,500 corporate customers in Europe and in the US to create safer and more environmentally sustainable workplaces. The Group currently has over 370 employees in Norway, Sweden, Denmark, Finland, Ireland, UK, and the US. The listing will support EcoOnline’s strategy and growth plans, including inter alia increasing market share through strategic acquisitions and allow the group to strengthen its overall market awareness for both end-customers and industry partners etc..
The Wikborg Rein core team comprised Fredrik D. Hals, Karoline Stock Evje, Christian Emil Petersen, Anders Myklebust and Sigurd Opedal.
- https://www.youtube.com/watch?v=JBwLg1LTpdw (listing video)