This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules. Not for release, distribution or publication, directly or indirectly, in or to the United States, Australia, Hong Kong, Canada or Japan.
Ratos has appointed Carnegie and Handelsbanken Capital Markets to evaluate the conditions for a placement of shares in Inwido AB (publ). Over the past ten years, Inwido has developed into Europe's leading window and door manufacturer and the company was listed in September 2014.
Ratos has appointed Carnegie and Handelsbanken Capital Markets as joint bookrunners to evaluate the conditions for a placement of shares in Inwido AB (publ). Ratos currently owns 6,000,000 shares, corresponding to 10.4% of the capital and votes in Inwido.
If a transaction is carried out, the sale will take place and the price of the shares will be determined through an accelerated bookbuilding process to a limited number of Nordic and international institutional investors. The bookbuilding period will start with immediate effect and may be closed at short notice.
Susanna Campbell, CEO of Ratos, comments: "Our business model is based on owning and developing primarily unlisted Nordic companies and also to capture the value growth by divesting these companies at some point. During our ownership period, Inwido has undergone an enormous growth journey and following the successful IPO, Inwido has continued to show strong earnings development and a positive performance on the stock exchange. We are now examining the possibility of reducing our ownership in Inwido, which is in line with Ratos's strategy."
For further information, please contact:
Susanna Campbell, CEO, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20