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.
For additional information
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.