May 4, 2020 / 6:51 AM / a month ago

Video conferencing firm Pexip announces terms for $205.6 mln Oslo IPO

LONDON, May 4 (Reuters) - Norway’s Pexip Holdings SA announced the terms of its Oslo initial public offering (IPO) on Monday, adding it intends to sell 17 million new shares at NOK 63 ($6.06) per share.

Existing shareholders of Pexip plan to sell another 17 million shares, setting total deal size at NOK 2.142 billion ($205.60 million).

Roadshows for the deal will run from May 5 to May 12, though timing may be extended up until May 19 if necessary, the company said in a statement to the Norwegian bourse.

ABG Sundal Collier, Carnegie and Pareto Securities are acting as joint global coordinators for the offering. ($1 = 10.3990 Norwegian crowns) (Reporting by Abhinav Ramnarayan Editing by Maiya Keidan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below