KEYFACT Energy
HitecVision has successfully completed a NOK 6.8 billion secondary placement of shares in Vår Energi ASA, representing 8.8% of the total shares outstanding in the company. The transaction represents the fourth largest block sale ever on the Oslo Stock Exchange and the largest since 2013.
The accelerated bookbuild transaction received very strong interest from both existing and new investors globally and was multiple times oversubscribed. HitecVision will retain 4.3% ownership in Vår Energi.
DNB Markets acted as Joint Global Coordinator and Joint Bookrunner in connection with the block sale.
KeyFacts Energy Industry Directory: HitecVision