Verve Group Completes Directed Share Issue, Raising SEK 360 Million

On June 17, 2025, Verve Group SE successfully concluded a directed share issue, selling 12,858,000 ordinary A shares at SEK 28.00 each. This transaction raised approximately SEK 360 million. The accelerated book-building process, managed by ABG Sundal Collier AB and Pareto Securities AB, attracted multiple times oversubscription from institutional investors.

The proceeds will enhance balance sheet strength and fund growth initiatives like organic and inorganic expansions, extending sales capacity, and AI technology applications. The new shares represent a 6.4% dilution, increasing the total A shares to 200,048,125. Settlement is expected around June 23, 2025.

The Board opted for this share issue to efficiently attract qualified investors and avoid market volatility more effectively than a rights issue. Verve shares are listed on both the Frankfurt Stock Exchange and Nasdaq First North Premier Growth Market.