Sale of 2,635,000 existing shares in Novotek AB completed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Arvid Svensson Invest AB, (the “Selling Shareholder”) has sold 2,635,000 existing shares in Novotek AB (“Novotek” or the “Company”), corresponding to approximately 24.9 percent of the shares outstanding in the Company (the “Placing”).

The price in the Placing was SEK 45.00 per share, corresponding to the closing price on 20 December 2023 and amounted to approx. SEK 119 million. Following the Placing, the Selling Shareholder owns no more shares in the Company.

A limited number of investors, including Creades AB (publ) via endowment insurance, Grenspecialisten Förvaltning, John Löfström, Kerstin Lindell, NEA Partners Public Value and SIBA Invest AB acquired the shares in the Placing.

Pareto Securities acted as Sole Manager and Bookrunner in connection with the Placing.

Pareto Securities is an independent full-service investment bank with a leading position in the Nordic capital markets. Pareto Securities AB offers Swedish and foreign institutions, companies and private individuals investment services related to trading in stocks, shares in SPV’s and fixed income instruments, wide coverage both within equity- and credit research. Furthermore, Pareto Securities investment banking offers ECM, M&A and DCM services as well as arrangement and syndication of new investment projects, arrangement and syndication of sale and leaseback structures within real estate, infrastructure and shipping/offshore. Pareto Securities AB is part of the Pareto Securities group and is headquartered in Oslo, Norway, with more than 450 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, Germany, Switzerland, USA, Singapore and Australia.