NEWS14 April 2016

Nepa launches IPO

Europe Financials News

SWEDEN – Market research consultancy Nepa has announced it has filed for an initial public offering of more than 1.5 million shares.

The shares are expected to trade on the Nadaq First North exchange on April 26th under the symbol ‘NEPA’.

Nepa said the IPO should raise about SEK 75 million (approximately £6.5m). It said 62% of the rights issues had already been guaranteed by a select number of institutional and private investors.

Nepa was founded in 2006 and has been one of Sweden’s most innovative and fastest growing companies, with an average annual growth rate of 25%. It has more than 350 clients across 50 countries and has offices in Stockholm, Helsinki, Oslo, Copenhagen, London, Mumbai, Singapore (rep) and Shanghai (rep).

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