10 January 2013
3i and funds managed by 3i (“3i”), the largest shareholder in NORMA Group AG (“NORMA”), announce that, following the IPO of NORMA in April 2011 and a placement in September 2012, they have today placed 5,314,341 ordinary shares of NORMA for a price of EUR 20.50 per share with institutional investors in an accelerated bookbuilding process, which was significantly oversubscribed.
This placement represents the entire remaining stake of 16.7 percent held by 3i. Accordingly, 3i is no longer a shareholder in NORMA. Berenberg Bank acted as Bookrunner. (…)
via 3i exits NORMA Group – Placement of 5,314,341 million shares with institutional investors.