Techstep ASA’s NOK 100 million private placement of new shares on Oslo Stock Exchange


CLP has assisted Techstep ASA in connection with several acquisitions during the winter, the completion of a NOK 100 million private placement and the subsequent listing on Oslo Stock Exchange of a total of 68,855,731 new shares in Techstep.

The Norwegian Financial Supervisory Authority has approved the prospectus of Techstep prepared in connection with the listing on Oslo Stock Exchange of a total of 68,855,731 new shares, of which 51,311,871 new shares have been issued as consideration shares to the sellers of Teki Solutions AS, Mytos AS, Apro Tele og Data AS, InfraAdvice Sweden AB and Nordialog Asker AS, and 17,543,860 new shares have been issued in connection with a fully underwritten NOK 100 million private placement completed 3 February 2017.

Techstep is a B2B solutions and services provider offering mobile hardware & subscriptions and solutions. The company has a customer base of approximately 3,600 companies with approximately 220,000 end users. Techstep offers its clients integrated enterprise mobility solutions.

CLP has advised Techstep ASA with a team led by Andreas Kildal (picture), Christian Vestheim, Eivin Johnsrud and Thea Raugland.

Involved fees earner: Andreas Kildal – CLP – Advokatfirmaet; Christian Vestheim – CLP – Advokatfirmaet; Eivin Johnsrud – CLP – Advokatfirmaet; Thea Raugland – CLP – Advokatfirmaet;

Law Firms: CLP – Advokatfirmaet;

Clients: Techstep ASA;