Themvar Eight divests its shareholding in Scandi Standard following an accelerated book building process
Scandi Standard’s second largest shareholder Themvar Eight Unlimited Company has informed that it has divested its 6 million shares in Scandi Standard following an accelerated book building process at a price of SEK 60.50 per share.Through an accelerated book building process on 17 February 2021, Themvar Eight Unlimited Company (“Themvar Eight”) divested 6 million shares in Scandi Standard at SEK 60.50 per share, representing a discount of approx. 6% to the closing price the same day. Themvar Eight acquired 6 million shares in Scandi Standard in 2017 as part of the consideration when