Trading in Ranplan Group AB’s shares on Nasdaq First North Stockholm commences today.
Prior to listing, Ranplan completed a new share issue corresponding to SEK 62 million. The proceeds will predominately be used for sales and marketing but also for product development and for strengthening the Company's balance sheet.
The issue in brief
Issued amount: SEK 62,000,005
Number of issued shares: 6,019,418
Issue price: SEK 10.30 per share
Short name: RPLAN
ISIN: SE0011178201
After the new share issue there will be 20,117,812 shares in Ranplan Group AB.
Strong first quarter 2018
Ranplan Group AB offers the world’s only advanced software tools capable of planning wireless networks for both indoor and outdoor environments in coordination.
During the first quarter 2018 Ranplan almost doubled its revenues to SEK 6.7 million compared to the corresponding period last year. As per 31 March the company had an order backlog of SEK 7.2 million.
Advisers
Naventus Corporate Finance AB were financial advisers in connection with the listing and new share issue and Setterwalls Advokatbyrå AB were legal advisers to the Company.
Certified Adviser
FNCA Sweden AB is the Company's certified adviser on Nasdaq First North Stockholm.
About Naventus Corporate Finance AB
Naventus Corporate Finance is an independent privately-owned financial adviser offering services in the field of qualified advice on initial public offerings, capital raisings (equity as well as debt), ownership changes, acquisitions, mergers and divestments (M&A) to listed and private companies and its owners.
For more information:
Alastair Williamson, CEO
Tel: +44 7824 997689
Alastair.Williamson@ranplanwireless.com
www.ranplanwireless.com
