Nordic Construction Group Sentia Intends To Apply For Listing On Euronext Oslo Børs

Reuters

May 26

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

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 26-MAY-202505:00:01.277 GMT

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