Orkla ASA: Sale of shares in Gränges AB (publ)

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA

Orkla Industriinvesteringar AB, a wholly owned subsidiary to Orkla ASA, has sold 11,942,378 shares in Gränges AB (publ) ("Gränges") through an accelerated bookbuilding to Swedish and international investors at a price of SEK 69 per share ("the placing").

Following the placing, Orkla Industriinvesteringar AB, does not own any shares in Gränges.

Carnegie Investment Bank AB ("Carnegie") and Skandinaviska Enskilda Banken AB ("SEB") have acted as joint bookrunners in connection with this placing.


Orkla ASA
Oslo, 18 March 2016


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA


Ref.:

Group Director Corporate Communications and Corporate Affairs
Håkon Mageli
Tel.: +47 928 45 828
Email: hakon.mageli@orkla.no

SVP Investor Relations
Mattias Orrenius
Tel.: +47 983 66 334
Email: mattias.orrenius@orkla.no

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)