The offer to acquire shares in HMS has received a strong interest. The offer price has been set at 74 SEK per share. At this price level the offer was subscribed more than three times. The share is to commence trading today.
The interest in acquiring shares in HMS Networks AB (publ), a Swedish growth company within industrial communication technology, has been strong, both from the general public in Sweden and from institutional investors in Sweden and abroad. The offer price has been set at 74 SEK per share. At this price level the offer was subscribed more than three times. The total number of shareholders after the offer will be approximately 3,000. The international ownership of the company will be approximately 30 percent.
“We are pleased to see the great interest in HMS. During the time that Segulah has been the majority shareholder in HMS, the company has experienced tremendous growth and has continued to strengthen its position on the world market for industrial communication technology. We have been working actively to develop the company by providing it with financial resources and industrial know-how thus helping to create stability and structure. We are proud of the strong development that has been achieved by the company, which has led to the listing. As a natural consequence of the listing, we are now terminating our ownership in the company”, says Sebastian Ehrnrooth, partner at Segulah.
The HMS share will trade on the Small Cap list on the OMX Nordic Exchange in Stockholm with the short name “HMS” from and including today, October 19, 2007.
For further information, please contact:
Sebastian Ehrnrooth, Partner, AB Segulah
Tel: +46 8 442 89 50
Mobile: +46 733-60 42 05