Stabilisation measures

As announced in connection with the offering to acquire existing shares in Nordic Paper Holding AB (publ) ("Nordic Paper" or the "Company") and the listing of the Company's shares on Nasdaq Stockholm (the "Offering"), ABG Sundal Collier AB ("ABGSC") may, in the capacity of stabilisation manager, carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise prevail in the market.

ABGSC hereby, in its capacity as stabilisation manager, notifies that stabilisation measures have been undertaken in accordance with article 5(4) of the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 on Nasdaq Stockholm, as specified below. The contact person at ABGSC is Erik Skog (tel: +46 8 566 29 471, e-mail: erik.skog@abgsc.se).

Stabilisation information
Issuer: Nordic Paper Holding AB (publ)
Security: Shares (ISIN: SE0014808838)
Offering size: 34,123,488 shares
Over-allotment option: 5,118,523 shares
Offering price: SEK 43.00 per share
Ticker symbol: NPAPER
Stabilisation manager: ABG Sundal Collier AB
 
Stabilisation
transactions:
Date Number Price Price Price (volume Currency Trading
of (highest) (lowest) weighted venue
shares average)
12 November 61,255 39.20 38.55 39.12 SEK Nasdaq
2020 Stockholm
17 November 25,000 40.20 40.20 40.20 SEK Nasdaq
2020 Stockholm
18 November 56,441 40.25 39.45 40.06 SEK Nasdaq
2020 Stockholm
19 November 78,559 39.65 39.00 39.51 SEK Nasdaq
2020 Stockholm

Stabilisation transactions could be carried out on Nasdaq Stockholm, in the over-the-counter market or otherwise, during the period starting on the date of commencement of trading in the shares on Nasdaq Stockholm, 22 October 2020, and ending no later than 30 calendar days thereafter. However, ABGSC has had no obligation to undertake any stabilisation measures and there was no assurance that stabilisation measures would be undertaken. Under no circumstances were stabilisation transactions carried out at a price higher than the price in the Offering, i.e. SEK 43.00 per share. ABGSC has previously notified that stabilisation measures have been undertaken through press releases on 30 October and 11 November 2020.

The stabilisation period regarding the Offering has now ended and no further stabilisation transactions will be undertaken. Specified below is a summary of the stabilisation transactions which have been carried out during the entire stabilisation period in accordance with this press release and the press releases on 30 October and 11 November 2020. All transactions during the stabilisation period have been effected on Nasdaq Stockholm and no stabilisation transactions have been effected on other dates than those specified below.

Stabilisation
transactions:
Date Number of Price Price Price (volume Currency Trading
shares (highest) (lowest) weighted venue
average)
22 October 1,975,675 42.79 38.95 41.27 SEK Nasdaq
2020 Stockholm
23 October 548,503 42.00 40.50 41.45 SEK Nasdaq
2020 Stockholm
26 October 194,228 40.50 40.00 40.50 SEK Nasdaq
2020 Stockholm
27 October 96,082 40.50 39.90 40.30 SEK Nasdaq
2020 Stockholm
28 October 1,064,678 39.50 37.98 38.64 SEK Nasdaq
2020 Stockholm
30 October 95,021 38.65 38.00 38.25 SEK Nasdaq
2020 Stockholm
2 November 23,323 38.70 38.00 38.58 SEK Nasdaq
2020 Stockholm
3 November 36,943 38.00 38.00 38.00 SEK Nasdaq
2020 Stockholm
4 November 84,070 39.00 38.50 38.70 SEK Nasdaq
2020 Stockholm
5 November 100,000 38.00 38.00 38.00 SEK Nasdaq
2020 Stockholm
6 November 100,000 38.20 38.00 38.16 SEK Nasdaq
2020 Stockholm
9 November 484 38.00 37.95 37.98 SEK Nasdaq
2020 Stockholm
11 November 13,261 39.20 39.20 39.20 SEK Nasdaq
2020 Stockholm
12 November 61,255 39.20 38.55 39.12 SEK Nasdaq
2020 Stockholm
17 November 25,000 40.20 40.20 40.20 SEK Nasdaq
2020 Stockholm
18 November 56,441 40.25 39.45 40.06 SEK Nasdaq
2020 Stockholm
19 November 78,559 39.65 39.00 39.51 SEK Nasdaq
2020 Stockholm

Partial exercise of over-allotment option

Sutriv Holding AB ("Sutriv") has granted ABGSC and Nordea Bank Abp an over-allotment option, which may be utilised in whole or in part for 30 days from the date of pricing of the Offering, to sell up to 5,118,523 additional shares (corresponding to up to 15 percent of the total number of shares in the Offering), at a price corresponding to the price in the Offering, i.e. SEK 43.00 per share, to cover any over-allotment in connection with the Offering. ABGSC hereby notifies that the over-allotment option has been partially exercised to acquire 565,000 shares from Sutriv. Consequently, 4,553,523 shares in the Company, which ABGSC has borrowed from Sutriv to cover the over-allotment, will be re-delivered.

Important information

Release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions according to law and people in those jurisdictions, in which this press release has been announced or distributed, should inform themselves of and follow such legal restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Nordic Paper Holding AB (publ) in any jurisdiction.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The information in this press release may not be announced, published or distributed to the United States, Canada, Australia, South Africa, Japan, Hong Kong, Switzerland, Singapore, New Zealand or in any other jurisdiction where the announcement, publication or distribution of the information would not comply with applicable laws and regulations.