La pagina è disponibile in più lingue
Select Language

Volue admitted to trading on Merkur Market

Back

Oslo, 19 October 2020 – The cleantech company Volue has today been admitted to trading on Merkur Market (ticker code: VOLUE-ME).

“We offer digital platforms and solutions to solve one of the greatest challenges of our time - the massive transition from fossil to renewable energy production”, states Volue on its homepage.

Recently, Volue raised NOK 1 billion through a private placement, consisting of NOK 500 million in new shares and NOK 500 million to Arendal Fossekompani through sale of existing shares.  The placement attracted strong interest from Nordic and international investors and was substantially oversubscribed, reported Volue

Volue intend to use the proceeds from the placement for potential acquisition opportunities which may materialise as well as for general corporate purposes. 

The shares in the offering were sold at a fixed priced of NOK 32.00 per share, corresponding to an equity value of NOK 4,5 billion. 

The listed Norwegian industrial investment company Arendals Fossekompani holds 77.4 percent of the outstanding shares in Volue. 

Volue admitted to trading on Merkur Market

Photo: Thomas Brun / NTB

About Volue  Volue is an international provider of business-critical software and technology services for the energy, power grid and infrastructure markets. The company provides excellent decision-support for the market’s transition to robust, safe and sustainable services critical for society - from analysis, planning operations, asset management, to monetisation. Volue is there to realise flexibility, efficiency, resilience and value for its 2,000+ customers in 44 countries worldwide. www.volue.com

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.6 trillion in market capitalisation as of end December 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (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.

© 2024, Euronext N.V. - All rights reserved.