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Delphi advisor to Pagero Group AB (publ) in connection with IPO and listing on Nasdaq First North Growth Market

Delphi has advised Pagero Group AB (publ) (“Pagero”) in connection with an IPO of SEK 500 million, as well as a listing of Pagero’s shares on Nasdaq First North Growth Market.

The IPO attracted very strong interest, both from institutional investors in Sweden and internationally as well as the general public in Sweden. The IPO included newly issued shares with a price per share of SEK 24, corresponding to a market value of all outstanding shares in Pagero upon completion of the IPO of approximately SEK 3,701 million. Trading in the Pagero’s shares on Nasdaq First North Growth Market commences 22 October 2021.

Pagero offers a smart business network connecting buyers and sellers world-wide for automatic and secure communication of business documents (e.g. order messages, invoices and payment instructions), and in order to ensure local compliance. Pagero’s open network, in combination with a large selection of applications, helps companies’ buying and selling processes to become more effective, to make use of correct and reliable data, reduce environmental impact and increase transparency towards governmental agencies. Pagero’s offer is global and independent of industry, business system and size of business.

Nordea and SEB acted as joint global bookrunners and Avanza Bank acted as retail manager in the IPO.

Delphi’s team consisted of Mats Dahlberg, Pekka Frölander, Dahae Roland, Tove Rodlert, Emilia Hjers and Ellen Karp Jakobsson.