BEWi ASA's Private Placement Raises NOK 896 Million, Boosting Share Capital

Strategic Insights -

Oslo-based BEWI ASA has successfully completed a private placement, raising gross proceeds of NOK 896 million through the allocation of new shares at a subscription price of NOK 20.00 each. This move has resulted in a significant increase in the company's share capital, with the total now standing at NOK 236,522,290, divided into 236,522,290 shares, each with a par value of NOK 1.00. BEWI Invest AS, a significant shareholder, has seen its stake in the company grow to 51.09% following the settlement of a share loan and delivery of shares allocated in the private placement.

Key Takeaways:

  • The private placement raised NOK 896 million, with new shares allocated at a subscription price of NOK 20.00 each.
  • The company's share capital has increased to NOK 236,522,290, divided into 236,522,290 shares, each with a par value of NOK 1.00.
  • BEWI Invest AS has acquired 120,846,648 shares in the company, representing 51.09% of the issued shares and votes following the settlement of a share loan and delivery of shares allocated in the private placement.
  • The company will register the share capital increase with the Norwegian Register of Business Enterprises, marking a significant milestone in the company's capital structure.
  • The settlement of the share loan and delivery of shares will result in BEWI Invest AS holding a substantial stake in the company without any rights to further shares or votes.
  • DNB Carnegie, as settlement agent in the private placement, has played a crucial role in facilitating the delivery-versus-payment (DVP) settlement of the Offer Shares allocated in tranche 2.

Statistics:

  • NOK 896 million raised through successful private placement.
  • New shares allocated at a price of NOK 20.00 each.
  • Total share capital increased to NOK 236,522,290.
  • 236,522,290 shares in issue, each with a par value of NOK 1.00.
  • BEWI Invest AS to hold 120,846,648 shares, representing 51.09% of the issued shares and votes.
  • 872,335 shares loaned by BEWI Invest AS to facilitate delivery of shares in the private placement.
  • Transaction benefits from DVP settlement facilitated by DNB Carnegie.

Sources:

  • BEWi ASA stock exchange announcement on 20 August 2025 regarding the private placement.
  • Mandatory notifications of trade and disclosure of large shareholding on 11 September 2025.