Norva24 will publish its Interim Report January-March 2022 on Tuesday 31 May, 2022 at 08.00 (CEST). Shareholders, Investors, analysts and journalists are welcome to attend the company’s presentation in Stockholm or webcast with teleconference at 09.30 (CEST) on the same day.
The shareholders of Norva24 Group AB (publ), reg. no. 559226–2553 (“Norva24”), are hereby given notice of the Annual General Meeting to be held on Tuesday, May 31, 2022.
Norva24 Group AB (publ) (“Norva24”) has on 5 April 2022, acquired 100 percent of the shares in IRG Rörinspektion AB (“IRG”) through its subsidiary Norva24 AB. The acquisition is strategically important for Norva24’s work to develop new technological solutions within IoT, sensor technology and digital monitoring. With IRG, Norva24 gains access to a well-functioning technological solution for monitoring of underground infrastructure, advanced pipe inspection and flow measurement services, as well as inflow and infiltration (I&I) inspections. In 2021, IRG’s revenue amounted to SEK 36 million, with a growth of ~15 percent annually over the past five years and a double-digit EBITA margin. The company is primarily operative in the Gothenburg region and has around 30 employees, with the Headquarter in Kungsbacka and a branch in Ljungskile. The acquisition is financed with internal funds and through a rights issue of 208,719 shares to the sellers of IRG, corresponding to an amount of SEK 4,500,000.
Due to the bank holidays in late May, Norva24 has decided to change the publication of the interim report for January-March 2022 as well as date for the annual general meeting to May 31, 2022. The previously communicated date was May 25, 2022.
Norva24 has signed an agreement to acquire ROHR FREI SCHNELLDIENST AXEL ZIMMERBEUTEL GmbH („Zimmerbeutel“). Zimmerbeutel is active in the NORVA24 core business Underground Infrastructure Maitenance.
Norva24 will publish its Year-end report 2021 on Monday 28 February 2022 at 08.00 (CET). Investors, analysts and journalists are welcome to attend the company’s webcast with teleconference at 09.30 (CET) on the same day.
The nomination committee shall, in accordance with the principles for the nomination committee in Norva24 Group Ab (publ) (“Norva24”), consist of representatives of the four largest shareholders or shareholder groups, and the Chairman of the Board of Directors. The Nomination Committee for the Annual General Meeting 2022 has been appointed based on the shareholdings as of 30 December 2021 and in accordance with the Nomination Committee instruction.
Carnegie Investment Bank (publ) (“Carnegie”) notifies that stabilisation measures have been undertaken in Norva24 Group AB’s (publ) (”Norva24” or the “Company”). The stabilisation period ended 7 January 2022 and no further stabilisation will be carried out. The Over-allotment Option will not be exercised.
Carnegie Investment Bank (publ) (“Carnegie”) notifies that stabilisation measures have been undertaken in Norva24 Group AB’s (publ) (”Norva24” or the “Company”) shares on Nasdaq Stockholm
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