Börsengang: Trolltech Successfully Completes IPO
First Open Source, Dual-License Company Goes Public Oslo, Norway, 05 July - 2006
Trolltech®, the company that makes software faster to build and easier to use, announced today it has successfully completed an offering of new shares in connection with the company’s listing on the Oslo Stock Exchange (OSE). Trolltech will be listed on the OSE today with the ticker symbol TROLL.
A total of 7.5 million shares were subscribed and the price has been set at NOK 16 per share. Approximately 65% of the demand in the institutional offering came from national investors. The offering increased the number of shareholders to more than 300.
The underwriters of the IPO were ABG Sundal Collier and SEB Enskilda. ABG Sundal Collier has, in light of the demand, exercised an over-allotment option of 1,125,000 additional shares.
Of the total number of shares offered, 94 % have been allocated to the institutional offering and 6% to the retail offering. After completion of the transaction the company has a total of 51,104,028 outstanding shares.
“This is an important milestone in Trolltech’s history and strengthens our position as a leading provider of software development infrastructure for cross platform applications, embedded Linux mobile phones and embedded computing devices. The feedback from both national and international investors has been very encouraging and it shows a very high level of confidence in the company,” commented Haavard Nord, co-CEO, Trolltech.
“We feel the investment community has received us very favorably and the quality of the shareholder roster is very high. We look forward to starting this new phase of Trolltech’s development, together with the new investors and our highly motivated team,” added Eirik Chambe-Eng, co-CEO, Trolltech.
About Trolltech:
Trolltech® is the company that makes software faster to build and easier to use. Trolltech's magic inspires software innovation and drives improved usability. The magic is the combination of efficient software development with an innovative, high-quality user experience. Trolltech's software increases the appeal of our customer's desktop applications and devices while reducing their risks and software development costs. Trolltech's technologies accelerate the evolution of software by unleashing the creative power of the developer.
The company's family of products include Qt®, which sets the standard for high-performance, cross-platform software development; and Qtopia®, the unrivaled application platform for the efficient creation of Linux devices.
Trolltech software is the foundation for thousands of leading products worldwide, many from Global 2000 companies. Trolltech is a second-generation open source company, with a dual licensing business model that supports open source values and methodology in a profitable, sustainable business. For more information about Trolltech, please visit http://www.trolltech.com.
For further information please contact:
U.SCandace Locklear / Spark PR
+1.415.321.1876
EuropeAndrea Willige / Six Degrees Public Relations
+ 44 1628 480290
andrea.willige(at)sixdegreespr.com
Knut StålenTrolltech AS
+47 21 60 48 00