19 June 2019
Norske Skog AS considers an IPO and listing on Oslo Børs
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA
Norske Skog AS has initiated a process to consider an initial public offering (“IPO”) and listing of its shares on Oslo Børs (Oslo Stock Exchange).
Sven Ombudstvedt, Chairman of the Board and Chief Executive Officer (CEO) of Norske Skog, commented:
- The owner of Norske Skog considers that a listing of Norske Skog’s shares would provide an important platform for future development. We have a strong track record of cash flow generation despite declining demand for paper products. Access to the equity capital market would add opportunities to fund further growth going forward.
