Nordic Fibreboard AS Announces Additional Public Share Offering
Nordic Fibreboard AS, a prominent player in the building materials sector, is thrilled to announce the additional public offering of its shares. This unique opportunity is exclusively available to existing shareholders, who are entitled to take part in the offering through pre-emptive subscription rights. These rights ensure that shareholders can maintain their proportionate ownership in the company based on the number of shares they currently hold.
Details of the Offering
This public offering aims to provide up to 4,000,000 shares. Shares will be allocated based on subscription orders submitted by shareholders, ensuring that no subscriber receives allocations beyond their current pre-emptive rights. Should demand exceed available shares, the allocation of shares will be proportional to the existing rights of the subscribers, creating a fair distribution method.
Allocation Process
In the event that the total number of shares requested surpasses what is available, Nordic Fibreboard will implement a structured allocation process. The Supervisory Board will have the final say if the shares cannot be divided exactly as per the rights. Additionally, the company reserves the opportunity to prioritize employees and members of management when it comes to shares that are not precisely divisible, emphasizing the importance of rewarding those closely connected to the company.
Subscription Rights and Timeline
Only existing shareholders may exercise their pre-emptive rights, with entitlements determined at the end of the trading day on a specified date. Those not holding eligible shares will find their subscription orders canceled, ensuring a streamlined process. The offering period is set to begin shortly, signaling an important window for investment. Specifically, this period to subscribe for shares is expected to commence in mid-September and conclude later that month. An investor must act within this timeframe to secure their subscription.
Investment Details
The offer price for each share is set at EUR 0.50. This comprises a book value of EUR 0.10 per share, with an additional premium of EUR 0.40. It's critical to note that shares can only be purchased in whole numbers. Potential investors are encouraged to engage with their account operators managing their Nasdaq CSD securities accounts to facilitate their subscription.
Important Dates
Here are the key dates related to the offering:
- Start of offering period: 12 September 2025 at 10:00
- End of offering period: 26 September 2025 at 16:00
- Announcement of results: On or about 30 September 2025
- Settlement and payment due: On or about 2 October 2025
- First trading day: On or about 15 October 2025
Form of Subscription Order
To subscribe for shares, investors must complete a specific order form that outlines crucial information. This includes the owner’s name, securities account number, and the number of shares they wish to subscribe for. It is important to provide accurate information to ensure a smooth transaction process.
Final Remarks
Nordic Fibreboard AS is dedicated to transparency. Thus, potential investors are encouraged to read the entire information document relating to this offering carefully. Consulting with a financial expert before making investment decisions can provide additional assurance and guidance during this process.
For further inquiries, please contact Enel Äkke, a member of the Management Board of Nordic Fibreboard AS, at the provided contact details.
Nordic Fibreboard AS is a well-established holding company based in Estonia. The firm focuses on manufacturing and wholesale distribution of quality building materials through Nordic Fibreboard Ltd OÜ.
Frequently Asked Questions
What is Nordic Fibreboard AS's latest public offering about?
Nordic Fibreboard AS is launching an additional public offering of shares, exclusively for existing shareholders.
How many shares will be offered?
Up to 4,000,000 shares will be available to existing shareholders during the offering period.
What is the price per share?
The shares are being offered at EUR 0.50 each.
When does the offering period start and end?
The offering period begins on 12 September 2025 and concludes on 26 September 2025.
Who is eligible to participate in the offering?
Only current shareholders of Nordic Fibreboard AS are eligible to participate in this offering through their pre-emptive rights.
