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
Source text: ID:nMFN2ncj7F
Further company coverage: [RATOb.ST]
(Gdansk Newsroom)
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