Alfred Berg exercises over-allotment option of shares in Ballingslöv
In connection with the initial public offering of shares in Ballingslöv International AB (”Ballingslöv”), Alfred Berg received an option from EQT Scandinavia I to sell up to an additional 1,045,761 shares in Ballingslöv to cover over-allotments, if any. Alfred Berg has now exercised the over-allotment option in full, which means that EQT Scandinavia I has divested a total of 6,767,504 shares in Ballingslöv in connection with the initial public offering.
After exercise of the over-allotment option, EQT Scandinavia I’s holding in Ballingslöv amounts to 1,982,496 shares, corresponding to 18.5 percent of capital and votes in the company.
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EQT Partners AB
Fredrik Åtting, Partner,
Tel: +46 8 440 53 06, Mobile: +46 70 544 06 38, email@example.com
Caroline Rosén, Partner, IR & Communications,
Tel: +46 8 440 53 37
EQT is a northern European private equity group that was established in 1994 and consists of five private equity funds, of which one is EQT Scandinavia I, with total equity commitments exceeding EUR 3 billion. EQT’s business concept is realised by acquiring and developing high-quality medium sized companies in Northern Europe. EQT serves as an active owner and works in close co-operation with the management of the companies it acquires, to develop and implement value-enhancing strategies. For each investment, EQT’s investment horizon is three to eight years. EQT Partners AB is the investment advisor for all of EQT’s funds.