Press release - Trading in software company Ranplan Group AB’s shares on Nasdaq First North Stockholm commences today
Trading in software company Ranplan Group AB’s shares on Nasdaq First North Stockholm commences today. Prior to listing, Ranplan has completed a new share issue corresponding to SEK 62 million. The proceeds will predominately be used for sales and marketing but also for product development and strengthening the Company's balance sheet.
The issue in brief
Issued amount: SEK 62,000,005
Number of issued shares: 6,019,418
Issue price: SEK 10.30 per share
Short name: RPLAN
After the new share issue there are 20,117,812 shares in Ranplan Group AB.
Strong first quarter 2018
Ranplan Group AB is a software company that offers advanced software tools for planning of wireless networks both outdoors and indoors.
During the first quarter 2018 Ranplan almost doubled the revenues to SEK 6.7 million compared to the corresponding period last year. And the company expects strong revenues during the second quarter as the order backlog as per 31 March 2018 amounted to SEK 7.2 million.
Naventus Corporate Finance AB were financial advisers in connection with the listing and new share issue and Setterwalls Advokatbyrå AB were legal advisers to the Company.
FNCA Sweden AB is the Company's certified adviser on Nasdaq First North Stockholm.
About Naventus Corporate Finance AB
Naventus Corporate Finance is an independent privately-owned financial adviser offering services in the field of qualified advice on initial public offerings, capital raisings (equity as well as debt), ownership changes, acquisitions, mergers and divestments (M&A) to listed and private companies and its owners.
For more information:
Alastair Williamson, CEO
Tel: +44 7824 997689