Roschier advised Hemnet and General Atlantic in the IPO and listing of Hemnet’s shares on Nasdaq Stockholm
Hemnet has successfully been listed on Nasdaq Stockholm. Trading commenced on 27 April. Roschier advised Hemnet Group AB (publ) and the major shareholder General Atlantic RR B.V. in connection with the IPO and listing.
The offer attracted very strong interest from Swedish and international institutional investors and the general public in Sweden and was substantially oversubscribed. The final price in the offer was SEK 115 per ordinary share, corresponding to a total market value of all listed ordinary shares of the company immediately following the offer of approximately SEK 11.6 billion.
Emerging as an industry initiative in 1998, Hemnet today operates the leading property platform in Sweden. General Atlantic is a global growth equity firm providing capital and strategic support for growth companies.