Oslo – 29 November 2021 – Oslo Børs, part of the Euronext Group, today congratulates Höegh Autoliners on its listing on Euronext Growth Oslo (ticker: HAUTO).
Höegh Autoliners is a leading global provider of cargo transportation services for cars, high and heavy machinery and breakbulk. Each year the company transports approximately the equivalent of two million cars as well as other rolling and static cargo.
With the listing of Höegh Autoliners, 64 companies have been listed on Oslo Børs markets so far this year. It is the 57th listing on Euronext Growth in Oslo.
Prior to the listing, the company raised NOK 1.208 million through a private placement. In the case of the full exercise of the over-allotment option, the total amount raised will be NOK 1.365 million. The raised capital will be used as part of the company’s newly launched newbuilding program and will build a series of multi-fuel and ammonia ready Aurora class vessels.
The share price was set to NOK 21 per share, corresponding to a market capitalisation on the first day of trading of NOK 3.9 billion assuming that the Greenshoe Option is not exercised, and NOK 4.1 billion if exercised in full.
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