The company launched a new corporate website, on which it announced its intention to go public.
Trading of Nimbus Group shares should start tomorrow, February 9 at 10:30 Moscow time (8:30 CET) .
The price per share will be 52 SEK. At this value of shares the capitalization of Nimbus Group will amount to SEK 1.8 billion.
A total of 8,558,169 shares will hit the market, of which 3,846,154 will be issued specifically for the initial public offering, and 4,712,015 will be sold by Nimbus Group's majority shareholder, R12 Kapital Holdco AB, and several other shareholders, including members of the Board of Directors and senior management.
At the same time 65% of all shares offered in the IPO have already found buyers among funds: Roosgruppen, ODIN Fonder, Lazard Asset Management, Handelsbanken Fonder, LMK Venture Partners and Briban Invest have applied for Nimbus securities worth 291 million crowns.
If the number of bids from investors exceeds the offer, the major shareholder will be willing to place up to 1,283,725 additional existing shares on the stock exchange.
It is expected that the proceeds from the placement of the new shares will amount to SEK 200 million before transaction costs are deducted.
Together with the additional shares, the total value of the offering could reach SEK 512 million.
Qualified investors in Sweden and abroad as well as unqualified investors from Sweden, Norway and Finland will be able to participate in Nimbus Group's IPO.
According to Jan-Erik Lindström, CEO of Nimbus Group, the IPO is «the next step in the company's development».
«We have built a solid foundation for profit growth based on a strong brand portfolio combined with the flexibility and scalability of our production and a well-functioning distribution network»," he said.
In addition to Nimbus itself, Nimbus Group's brand portfolio includes yards such as Alukin , Aquador , Bella , Falcon , Flipper and Paragon yachts.
Nasdaq First North Growth is a division of the Nasdaq exchange for small, high-growth companies from Northern Europe.
