IPO on Nasdaq First North

On 18 May 2021, Permascand announced its intention to launch an inital public offering of its shares and to list its share on Nasdaq First North Premier Growth Market

“During the last years, we have successfully developed our technology platform and adopted our product offering to capitalize on fast growing markets that are driven by the sustainability megatrend. We experience increased demand for our products, which is also being reflected in net sales that have more than doubled since 2015 from approximately SEK 200 million to SEK 415 million in 2020. Permascand has great opportunity for continued growth, not least in technology for large-scale production of green hydrogen which is facing exponential growth driven by electrification and increased demand for sustainable energy. We are now looking forward to the next step in our development as a listed company, where we will continue to deliver profitable growth and create climate gains for our customers and communities.”

Peter Lundström, CEO Permascand

Offer in brief

28

May

Application period for the public in Sweden and institutional investors
28 May – 3 June 2021

4

June

First day of trading
4 June 2021

8

June

Settlement date
8 June 2021

Price per share: SEK 34

The Offering includes both existing and newly issued shares. The Offering is expected to provide Permascand with approximately SEK 300 million before deduction of remaining costs related to the Offering,

Länsförsäkringar Fondförvaltning, RAM ONE AB for the funds RAM ONE and RAM Equity Long Short and SEB Investment Management are “Cornerstone Investors” and have undertaken to acquire shares in the Offering corresponding to a total of SEK 275 million.

Head Office: Ljungaverk

Folkets Husvägen 50
840 10 Ljungaverk
Sweden

Göteborg

Drakegatan 6
412 50 Göteborg
Sweden

Vancouver

1500 W Georgia St #1300
Vancouver, BC V6G 2Z6
Canada

Disclaimer

The information contained in this section of this website contains information relating to an offer from Permascand Top Holding AB (the “Company“) to the public to subscribe for share in connection with the admission to trading of Permascand Top Holding AB’s shares on Nasdaq First North Premier Growth Market in Stockholm. This information may not be accessed by residents of certain countries based on applicable securities law regulations.

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