Aker Horizons Successfully Raises NOK 1 Billion in Private Placement
Aker Horizons (or the “Company”) has successfully completed a private placement raising NOK 1 billion in gross proceeds to strengthen Aker Horizons’ balance sheet ahead of investments in its portfolio companies and new direct investments.The Company will issue 28,985,507 new shares at NOK 34.50 per share. The private placement was over-subscribed multiple times with strong domestic and international demand from leading institutional investors. Baillie Gifford Overseas Limited was allocated 13,500,000 shares, representing 46.6 percent of the total share issue and resulting in an ownership of