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Rottneros AB ( (SE:RROS) ) has provided an update.
Rottneros AB announced the preliminary outcome of its fully guaranteed rights issue, which was oversubscribed at approximately 109.9% of the offered shares, raising about SEK 300 million before transaction costs. This successful capital increase will enhance Rottneros’ financial position, with the new shares expected to start trading on Nasdaq Stockholm on 22 July 2025, reflecting strong investor confidence and potentially bolstering the company’s market presence.
More about Rottneros AB
Rottneros is an independent producer of market pulp, consisting of the parent company Rottneros AB and subsidiaries including Rottneros Bruk AB and Vallviks Bruk AB, which are involved in the production and sale of market pulp. The group also includes Rottneros Packaging AB, which manufactures fiber trays, and other subsidiaries involved in raw material procurement and forest operations. The company is listed on Nasdaq Stockholm and employs approximately 285 people, with sales of around SEK 2.7 billion.
Average Trading Volume: 247,866
Current Market Cap: SEK783.6M
For an in-depth examination of RROS stock, go to TipRanks’ Overview page.