May 10, 2016 - Assignment

Resurs Holding lists on Nasdaq Stockholm

Resurs Holding AB has been admitted to trading on Nasdaq Stockholm on 29 April 2016.

The offering price was set at SEK 55 per share, corresponding to a market value of Resurs Holding of SEK 11 billion.

The offering, which comprised an offering to the general public in Sweden and an offering to institutional investors in Sweden and internationally, consisted of existing shares sold by Resurs Holding’s owners Cidron Semper Limited (controlled by Nordic Capital), Waldakt AB (controlled by the Bengtsson familly) and RSF Invest AB (partially owned by, among others, certain members of the Board of Directors and management of Resurs Holding). The value of the offering, assuming that the over-allotment of up to 15 per cent is exercised in full, totals approximately SEK 4,107 million.

Resurs Holding is a leading provider of retail-finance solutions, consumer loans and targeted insurance products in the Nordic region. Resurs Holding has consistently expanded its operations and its loan portfolio has increased from SEK 9.3 billion as of 31 December 2013 to SEK 18.2 billion as of 31 December 2015, which corresponds to a compound annual growth rate of 40.2 percent, as a result of a combination of both organic growth and the completion of several acquisitions. Resurs Holding offers retail finance solutions through more than 1,200 retail finance partners, with a network of approximately 35,000 stores.

Resurs Holding, Cidron Semper Limited and Waldakt AB were advised by Mannheimer Swartling in the offering and the listing. The firm’s team included primarily, Emil Boström, Thomas Pettersson, Patrik Marcelius, Peter Linderoth, Johan Berg, Anna Salmén, Carolina Käck, Victor Sellin Karlsson, Rickard Carrick and Isabel Lindeberg.