NCAB is moving to the stock market

Nasdaq Stockholm has approved the company’s application for listing. The share offering will include a sale of existing shares offered by the selling shareholders as well as a new issue of shares in the company in an amount of approximately SEK 100 million (EUR 9.74 million), a press release reads. The move to list the company is expected to support NCAB’s future growth and operational strategy – among other things – through improved access to capital markets as well as a diversified owner base of new Swedish and international shareholders. “Being listed is a logical step for us now that we have reached sufficient size, profitability and maturity. I am proud of the team at NCAB who has developed the company to a leading business with global reach. The listing is a quality mark which will enable us to attract more larger customers and make additional acquisitions,” Hans Ståhl, CEO of NCAB, comments in the release.