Trolltech Successfully Completes IPO
Trolltech
has announced the completion of its IPO on the Oslo Stock Exchange,
it will be listed with the symbol TROLL.
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A total of 7.5 million shares were subscribed and the price has been set at NOK 16 per share. Approximately 65% of the demand in the institutional offering came from national investors. The offering increased the number of shareholders to more than 300. The underwriters of the IPO were ABG Sundal Collier and SEB Enskilda. ABG Sundal Collier has, in light of the demand, exercised an over-allotment option of 1,125,000 additional shares. Of the total number of shares offered, 94 % have been allocated to the institutional offering and 6% to the retail offering. After completion of the transaction the company has a total of 51,104,028 outstanding shares."
