HAV lists on Euronext Growth Oslo

This page is available in multiple languages

Select Language

Oslo, 4 March 2021 – The cleantech company HAV Group has today been admitted to trading on Euronext Growth (ticker code: HAV).

HAV Group's vision is to contribute to the green shift through solutions and products for the ocean industries. The company is the result of the spin-off of four subsidiaries from Havyard.

Recently, HAV Group raised NOK 210 million through a private placement. The placement included NOK 90 million in new shares and NOK 120 million in sales of existing shares. The placement attracted strong interest from Norwegian and international investors, announced Havyard.

“Our customers have to address global megatrends, with very ambitious goals for minimising their environmental impact and increasingly stringent environmental requirements. HAV Group has the necessary know-how, experience and technology to provide customers with vessels and equipment to achieve these goals, while also increasing profitability, competitiveness and sustainability,” said Gunnar Larsen, CEO of HAV Group.

The shares in the new issue were sold at NOK 18.00 corresponding to a market capitalisation of NOK 630 million.

HAV admitted to trading on Euronext Growth Oslo

About HAV Group

HAV Group ASA is an established provider of solutions and technology to the global marine and maritime industries. The Group's vision is to contribute to the green shift through innovative solutions and high-end products for the ocean industries. HAV Group creates shareholder value by actively engaging in its subsidiaries' strategic development, catalyst collaboration, extracting synergies through economies of scale and pursue value accretive growth, both organic and through consolidation. www.havgroup.no

Press Release Footer

About Euronext
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
For the latest news, follow us on X (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

_Disclaimer
_{This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.}

_{This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at}_{www.euronext.com/terms-use}_.