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BEWi ASA | Publication of Admission Document
The attached admission document has been prepared by BEWi ASA ("BEWi") solely for the use in connection with the admission to trading of all of its shares on Merkur Market.
Nordea Bank Abp, filial i Norge, and SpareBank 1 Markets have acted as Merkur Market advisors. Cirio Advokatbyrå AB has acted as Swedish legal advisor and Wikborg Rein Advokatfirma AS as Norwegian legal advisor to BEWi in connection with the admission to trading of the shares on Merkur Market.
For further information, please contact:
Marie Danielsson, CFO BEWi, tel: +46 70 661 0047
Hanna Laurentz, Director of Communication and IR, BEWiSynbra, tel: +46 70 177 4400
BEWi is a leading international provider of packaging, components and insulation solutions, and the largest integrated Expandable Polystyrene (EPS) producer in Europe. By targeting growth through organic initiatives and M&A transactions, BEWi has a history of proven buy and-build strategy with around 20 acquisitions since 2014. The commitment to sustainability is integrated throughout the value chain, from the production of raw materials and end goods, to the recycling of used products. Since the start in the Norwegian archipelago at Frøya in 1980, the company create value for customers by offering sustainable solutions in innovative and efficient ways. With a vision to protect people and goods for a better every day, BEWi is leading the change towards a circular economy.
In connection with the preparation for the admission to trading on Merkur Market, all of the shares in BEWiSynbra Group AB were transferred to BEWI ASA against an issuance of a total of 143,943,671 Shares in BEWI ASA to the shareholders of BEWiSynbra Group AB, simultaneously with a write down of the existing share capital of BEWI ASA which thereby established the same shareholder structure in BEWI ASA as in BEWiSynbra Group AB immediately prior to the Reorganization. The rationale for the Reorganization has been to establish the BEWI ASA as the new top holding company of BEWiSynbra ahead of the admission to trading on Merkur Market. The Reorganization was approved by BEWI ASA’s general meeting on 21 August 2020.