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Sponsor Capital announces its intention to offer shares in Orthex to institutional investors

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Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, South Africa or Japan or in any other jurisdiction in which publication or distribution would be prohibited by applicable law.

Press release, November 16, 2021

Sponsor Capital announces its intention to offer shares in Orthex to institutional investors

Sponsor Fund IV Ky (“Sponsor Fund IV”), acting by its general partner Sponsor Partners Oy (a company controlled by Sponsor Capital Oy), intends to sell initially up to 2,057,725 shares in Orthex Oyj (“Orthex” or the “Company”) (the “Share Sale”). Sponsor Fund IV will decide the final number of shared sold based on investor demand. Prior to the Share Sale, Sponsor Fund IV owns 2,057,725 shares in the Company corresponding approximately to 11.59 percent of all the outstanding shares in the Company.

The Share Sale will be based on an accelerated book-building process, in which selected institutional investors may submit bids for the shares offered. The subscription and sale price of the shares offered will be determined by the bids received in the accelerated book-building process. The book-building process will commence immediately and will end by 9.00 a.m. EET on November 17, 2021, at the latest. Receiving the bids may however be discontinued at any time during the book-building process. The result of the Share Sale will be published on or about November 17, 2021.

Carnegie Investment Bank AB, Finland Branch is acting as Lead Manager in the Share Sale.

Contact information:

Sponsor Capital

Juhani Kalliovaara, Managing Partner


Tel. +358405880100


Carnegie is acting exclusively for Sponsor Fund IV and no one else and they will not regard any other person (whether or not a recipient of this release) as their respective clients in relation to the Share Sale. Carnegie will not be responsible to anyone other than Sponsor Fund IV for providing the protections afforded to their respective clients and will not give advice in relation to the Share Sale or any transaction or arrangement referred to herein. Carnegie assumes no responsibility for the accuracy, completeness or verification of the information set forth in this release and, accordingly, disclaim, to the fullest extent permitted by applicable law, any and all liability which they may otherwise be found to have in respect of this release. Nothing contained in this release is, or shall be relied upon as, a promise or representation as to the past or the future.

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan. This release does not constitute an offer of securities for sale in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. There is no intention to register any securities in the United States or to conduct a public offering of securities in the United States.

The issue, exercise or sale of securities in the Share Sale are subject to specific legal or regulatory restrictions in certain jurisdictions. Sponsor Fund IV assumes no responsibility in the event there is a violation by any person of such restrictions.

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

Sponsor Fund IV has not authorized any offer to the public of securities in any Member State of the European Economic Area. The securities referred to in this release may only be offered in any Member State of the European Economic Area (a) to any legal entity which is a qualified investor as defined under Article 2 of the Prospectus Regulation; or (b) in any other circumstances falling within Article 1(4) of the Prospectus Regulation. For the purposes of this paragraph, the expression “Prospectus Regulation” means Regulation (EU) 2017/1129.

In the United Kingdom, this announcement is only being distributed to and is directed at “qualified investors” within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as it forms part of domestic law in the United kingdom by virtue of the European Union (Withdrawal) Act 2018, (a) having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005, as amended (the “Order”); (b) who are high net worth entities described in article 49(2) (a) to (d) of the Order; or (c) other persons to whom they may lawfully be communicated (all such persons together being referred to as “relevant persons”). Any investment or investment activity to which this announcement relates will only be available to and will only be engaged in with relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents.