Orkla ASA: Sale of shares in Gränges AB (publ)
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA Orkla Industriinvesteringar AB, a wholly owned subsidiary to Orkla ASA, has sold 11,195,908 shares in Gränges AB (publ) ("Gränges") through an accelerated bookbuilding to Swedish and international investors at a price of SEK 66 per share ("the placing"). The investor demand to acquire shares in Gränges has been very high.Following the placing, Orkla Industriinvesteringar AB owns 11,942,378 shares in Gränges corresponding to 16.0% of the number of shares and