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.

Documents

Exercise of overallotment option and end of stabilization period

Download

Stabilisation notice

Download

First day of trading in Permascand’s shares on Nasdaq First North Premier Growth Market
Download
Prospectus

Download

Permascand announces offering of shares and publishes prospectus in connection with listing on Nasdaq First North Premier Growth Market

Download

Permascand intends to list the company’s shares on Nasdaq First North Premier Growth Market

Download

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.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WHOLLY OR PARTLY, IN THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS), ANY STATE OF THE UNITED STATES INCLUDING THE DISTRICT OF COLUMBIA, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SWITZERLAND, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE PROHIBITED BY APPLICABLE LAW.

This website and the information contained herein is not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States of America (including its territories and possessions), any state of the United States including the District of Columbia (the “United States“), Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, Switzerland, South Africa, South Korea and do not constitute an offer to sell or the solicitation of an offer to purchase or acquire, any shares in the Company in any of the above mentioned jurisdictions or in any other jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The shares in the Company referred to on this website have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act“), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.

All persons residing outside of the above mentioned jurisdictions who wish to access the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. The Company assumes no responsibility if there is a violation of applicable law and regulations by any person.

If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this website. Access to electronic versions of these materials is being made available on this website by the Company in good faith and for information purposes only.

By clicking “Confirm” you confirm and certify that:

  • You are not a resident of or physically present in any of the above jurisdictions or any other restricted jurisdiction and are not a U.S. person (as defined in Regulation S under the Securities Act); and
  • you are either:
  1. a resident of, or physically present in, Sweden;
  2. if resident or physically present in a Member State of the European Economic Area other than Sweden, a qualified investor as defined in Regulation (EU) 2017/1129 of the European parliament and of the council; or
  3. otherwise authorized to access this information pursuant to applicable laws or regulations.