The ice list: ranges from $ 8.1 to $ 10.3 billion – Ice Bursary and Finance



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The mobile phone company Ice officially announced on November 15 that it wanted to be listed on the Oslo Stock Exchange. This happened a year after the company launched stock trading plans on the ice in the fall of 2017.

The company has announced its intention to acquire the shares by December 12, as all approvals from the Danish Financial Supervisory Authority and Oslo Børs are in place and the issue and subscription have been completed as planned.

The company will subscribe to a share price of 40 to 58 crowns. It will cost the company $ 8.1 billion to $ 10.3 billion. If you count on the three billion crowns, the company will bring new capital related to the listing in a number.

Ice will spend the $ 3 billion to continue growing and further develop the third 4G mobile network in Norway.

In the Ice Market Announcement, it appears that the largest shareholder, Access Industries, will contribute up to $ 400 million in healthy equity by subscribing to the issue. In addition, Jörg Mohaupt, Telecom Manager at Access Industries, also intends to subscribe between 170 and 255 million NOK in this issue.

Since the prospectus is approved by the Danish Financial Supervisory Authority, Ice and its organizers plan DNB Markets, UBS, Carnegie and Pareto Securities and have a subscription period from 28 November to 11 December.

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