Setterwalls advises Nordisk Bergteknik AB (publ) ("Nordisk Bergteknik") in connection with the listing of Nordisk Bergteknik's class B shares on Nasdaq Stockholm. The trading in Nordisk Bergteknik's shares commenced on 12 October 2021.
Nordisk Bergteknik is a strategic partner in selected niches in the market for construction and contracting services in the infrastructure, mining and construction industries. According to an assessment carried out by Nordisk Bergteknik, the Group is currently northern Europe’s largest player and offers a comprehensive set of services within rock handling and foundation solutions. The Group manages around 16 operational companies with strong positions and brands in the regional market around Sweden and Norway. Within the Group, there are companies whose experience date back to the 1960s. The foundation of the business relies on solid engineering competence, significant experience, long customer relationships and a constant effort to carry out each assignment with the highest quality and safety, along with a focus on sustainability.
The offering in connection with the listing comprised 19,230,769 new B shares issued by Nordisk Bergteknik, corresponding to approximately SEK 500 million and 1,000,000 existing B shares, which were offered by the principal shareholder Pegroco Invest AB, corresponding to approximately SEK 26 million. In addition, the Board of Directors of Nordisk Bergteknik has committed to issue a maximum of approximately SEK 79 million and a maximum of 15 percent of the number of shares in the offering as an overallotment option. Provided that the Overallotment option is exercised in full, the total val-ue will amount to approximately SEK 605 million.