Tekna Holding ASA

Regulatory Filings • Mar 30, 2021

Tekna Holding successfully listed on Euronext Growth Oslo

Tekna Holding successfully listed on Euronext Growth Oslo

30.3.2021 09:15:00 CEST | Tekna Holding AS | Non-regulatory press releases

Public listing to accelerate company's ambitious value creation strategy

(Arendal, NORWAY / Sherbrooke QC, CANADA - 30 March 2021) Tekna Holding AS

(Tekna, OSE:TEKNA), the world-leading provider of advanced materials to

industry, today began trading on Euronext Growth Oslo, a multilateral trading

facility operated by the Oslo Stock Exchange.

Oslo Stock Exchange CEO Øivind Amundsen rang the opening bell in Oslo, with

Tekna employees from across the world following the event online.

Tekna wants to invest in further growth and prior to the listing, the company

conducted a private placement, raising NOK 750 million in new equity. The

placement was multiple times oversubscribed and attracted significant interest

from high-quality domestic, Nordic and international investors including

cornerstone investors such as Lugard Road Capital (managed by Luxor Capital

Group), Norron, Andenæsgruppen, Blackcrane, together with Storebrand and Delphi

funds.

The shares in the new issue were sold at NOK 27 corresponding to a pre-money

market capitalization of NOK 2.7 billion for Tekna.

"This IPO marks the start of a new and exciting chapter for Tekna as a publicly

traded company, and propels us forward in our vision of taking a leadership

position in three multi-billion-dollar markets: Additive manufacturing, printed

electronics and energy storage," said Luc Dionne, Chief Executive Officer Tekna

Canada. "Supported by a strong portfolio of plasma-based technologies, we have a

proven track-record of scalability, with over 80 per cent recurring sales of

advanced materials. Our business model serves as a solid platform for increased

market shares and strong revenue growth. This listing on Euronext Growth,

combined with the successful private placement, provides us with a strong

financial platform to accelerate our value creation strategy."

Over the last 30 years Tekna has, through extensive research and commercial

operations, developed leading industry technology and know-how to produce

high-purity metal powders for applications such as 3D printing in the aerospace,

medical and automotive sectors, as well as optimized induction plasma systems

for industrial research and production. With its unique, IP-protected plasma

technology, the company is well positioned in the growing market for advanced

nanomaterials within the electronics and batteries industries.

"Built on three decades of delivering excellence, Tekna has a proven and

commercialized technology with a global network of over 200 blue-chip customers

and an ambitious growth strategy towards 2030. The listing on Euronext Growth is

an important part of this growth strategy, and we look forward to continue the

Tekna journey as a listed entity" says Morten Henriksen, Chairman of Tekna

Canada and Chief Executive Officer of Tekna Holding AS.

CONTACTS

* Arina van Oost, VP Corporate Strategic Development & Innovation / IR manager,

+1 438 885 6330, Arina.vanoost@tekna.com

ABOUT TEKNA HOLDING AS

Tekna is a world-leading provider of advanced materials to industry,

headquartered in Sherbrooke, Canada. Tekna produces high-purity metal powders

for applications such as 3D printing in the aerospace, medical and automotive

sectors, as well as optimized induction plasma systems for industrial research

and production. With its unique, IP-protected plasma technology, the company is

well positioned in the growing market for advanced nanomaterials within the

electronics and batteries industries. Building on 30 years of delivering

excellence, Tekna is a global player recognized for its quality products and its

commitment to its large base of multinational blue-chip customers.

WWW.TEKNA.COM - https://kommunikasjon.ntb.no/WWW.TEKNA.COM

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847682/437/556/Download%20announcement%2

0as%20PDF.pdf