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Arla Plast announces outcome of the offering in connection with first day of trading in Arla Plast’s shares on Nasdaq Stockholm

Arla Plast AB (“Arla Plast” or the “Company”), a leading European producer of extruded plastic sheets in polycarbonate (PC), today announces the outcome of the Initial Public Offering of the Company’s shares in connection with the listing of the shares on Nasdaq Stockholm (the “Listing” or the “Offering”). The Offering attracted very strong interest from Swedish and international institutions and the general public in Sweden. The Offering was heavily oversubscribed. Trading on Nasdaq Stockholm commences today, May 25, 2021.

The offering in brief:

• As previously announced, the price per share in the Offering was SEK 46 per share, corresponding to a market value for all outstanding shares of SEK 920m
• The Offering comprised 9,000,000 existing shares in the Company sold by Synnersten Invest AB (“the Selling Shareholder”), which represent 45 percent of the capital and votes in the Company.
• In order to cover any over-allotments in relation to the Offering, the Selling Shareholder have committed to sell additional shares corresponding to maximum 15 percent of the total number of shares in the Offering (the “Over-Allotment Option”), corresponding to 1,350,000 shares
• Provided that the Over-Allotment Option is exercised in full the value of the Offering will amount to approximately SEK 476m and comprise 10,350,000 shares, which represent approximately 52 percent of the shares and votes in the Company.
• Svolder AB (publ), Nortal Investments AB¹ and RoosGruppen AB have acquired shares in the Offering for a total amount of SEK 230m, which represent 25 percent of the outstanding shares in the Company, and approximately 48 percent of the shares in the Offering assuming that the Over-Allotment Option is exercised in full.
• The first day of trading on Nasdaq Stockholm is today, May 25, 2021, and the shares will trade under the trading symbol “ARPL”.
• Settlement is expected to take place on May 27, 2021.

Henrik Håkansson, CEO of Arla Plast, comments:

“We have received great interest from both Swedish and international investors when we have presented Arla Plast over the last weeks. We at Arla Plast are very proud of our company and it is with great enthusiasm that we now enter the next phase, as a listed company, where we shall run the company towards continued growth and profitability.”

About Arla Plast

Arla Plast is a producer and supplier of extruded sheets made of technical plastics. The plastic sheets are made of polycarbonate (“PC”), acrylonitrile butadiene styrene (“ABS”) and polyethylene terephthalate glycol (“PETG”), with a large number of areas of application, including safety products, machine glazing, ice hockey rinks, greenhouses, pool covers, sound walls, protective barriers, suitcases, automotive components and various other construction-related areas of application. The Company was founded in 1969 and is headquartered in Borensberg, Sweden. Production takes place at three production facilities located in Borensberg and in Kadaň and Pelhřimov in the Czech Republic. As of March 31, 2021, Arla Plast had 266 full-time employees.

Stabilization measures

In connection with the Offering and the listing on Nasdaq Stockholm, Carnegie Investment Bank AB (publ) (“Carnegie”) may, to the extent permitted by Swedish law, enter into transactions to stabilize, maintain or otherwise affect the price of the Company’s shares for up to 30 days after the first day of trading in the Company’s shares on Nasdaq Stockholm. Carnegie may effectuate transactions aimed at supporting the market price of the shares at levels above those which might otherwise prevail in the open market. Carnegie has no obligation to undertake any stabilization measures and there is no assurance that stabilization measures will be undertaken. Under no circumstances will transactions be conducted at a price higher than the one set in the Offering.

Stabilization transactions can be carried out on all types of stock markets, OTC markets or by other means. Carnegie may use the Over-Allotment Option to over-allot shares in order to facilitate stabilization transactions. If the stabilization transactions are conducted, they may be discontinued at any time without prior notice, but must be discontinued no later than within the aforementioned 30-day period. Carnegie must, no later than by the end of the seventh trading day after stabilization transactions have been undertaken, in accordance with article 5(4) of the Market Abuse Regulation (EU) 596/2014, disclose that stabilization measures have been undertaken.

Within one week of the end of the stabilization period, Carnegie will disclose whether or not stabilization was undertaken, the date on which stabilization started, the date on which stabilization was last carried out, as well as the price range within which stabilization was carried out for each of the dates when stabilization measures were conducted.

Advisers

Carnegie is Sole Global Coordinator and Bookrunner. Törngren Magnell & Partners Advokatfirma KB is legal advisor to the Company. Advokatfirman Schjødt is legal advisor to Carnegie. TJB Partners AB is independent financial advisor to the Selling Shareholder and the Board of Directors.

For further information please contact:

Boel Sundvall, IR
Tel: +46 705 60 60 18
Email: boel.sundvall@arlaplast.com
Website: www.arlaplastgroup.com

This information is information that Arla Plast AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 a.m. CEST on 25 May 2021

IMPORTANT INFORMATION

This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by the Company in any jurisdiction where such offer or sale would be unlawful.

In any EEA Member State, other than Sweden, that has implemented the (EU) Regulation 2017/1129 (the “Prospectus Regulation”), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation.

Neither this announcement nor the publication in which it is contained is for publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, including its territories and possessions, any state of the United States and the District of Columbia (the “United States”). The information in this announcement does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights or other securities in the Company in any jurisdiction. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or transferred, directly or indirectly, in or into the United States absent exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.

In the United Kingdom, this announcement and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” (as defined in section 2(e) of the Prospectus Regulation) and who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). Persons who are not relevant persons should not take any action on the basis of this announcement and should not act or rely on it.

This announcement may contain forward-looking statements which reflect the Company’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.