Hannes Snellman Advised Vitec Software Group AB on Its SEK 834 million Private Placement
10 November 2022
Hannes Snellman has advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of 2,200,000 new class B shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process raising proceeds of SEK 834 million before transaction costs and was oversubscribed. Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Hannes Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Lisa Kindstedt.