Nordic Construction Group Sentia Intends To Apply For Listing On Euronext Oslo Børs
Reuters
26 May
May 26 (Reuters) - Sentia AS:: *NORDIC CONSTRUCTION GROUP SENTIA INTENDS TO APPLY FOR A LISTING ON EURONEXT OSLO BØRS *FOUR CORNERSTONE INVESTORS TO ACQUIRE AND TO BE ALLOCATED SHARES FOR TOTAL AMOUNT OF NOK 670 MILLION IN OFFERING *PRICE PER SHARE OF UP TO NOK 50.00 *SENTIA HAS SET A REVENUE TARGET OF NOK 15 BILLION BY 2030 *PRICE PER SHARE IS EQUIVALENT TO EQUITY VALUE OF COMPANY OF ABOUT NOK 5.0 BILLION *HAS PROFITABILITY TARGET OF 5% EBIT MARGIN *OFFERING, LISTING IS EXPECTED TO TAKE PLACE IN 2025 *LISTING IS INTENDED TO, AMONG OTHERS, FACILITATE SELL-DOWN OF SHARES IN CO BY RATOS INFRA *TO BE RENAMED SENTIA ASA
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.