Exercise of the over-allotment option in the IPO of Gränges and end of stabilisation period
Carnegie Investment Bank AB and Skandinaviska Enskilda Banken AB (jointly the “Banks”) have today notified Gränges AB (publ) (“Gränges”) and Orkla Industriinvesteringar AB (“Orkla”) that the over-allotment option has been exercised in full in respect of 6,717,500 shares in Gränges and that the stabilisation period has ended.In connection with the initial public offering of Gränges, Orkla granted the Banks an over-allotment option of up to 6,717,500 shares to be used to cover the so-called over-allotment of shares. During the stabilisation period, which ran from October 10, 2014 until today,