Increased number of shares and votes in Norva24 Group AB (publ)


As of today 31 May 2022, the total number of shares and votes in Norva24 Group AB (publ) is 182,682,740.

The number of shares and votes has changed as a result of the directed share issue of 208,719 shares, which was carried out in connection with the acquisition of 100 percent of the shares in IRG Rörinspektion AB, which the company announced on 6 April 2022. The Board of Directors resolved upon the share issue on 5 April 2022 based on the authorisation granted to the Board of Directors by the extraordinary general meeting on 30 June 2021.

For further information, please contact:

Sture Stölen, Head of IR

Tel: +46 723 68 65 07

E-mail: sture.stolen@norva24.com

About Norva24

Norva24 is the leading northern European player in the UIM industry[1] and offers UIM services, such as emptying services, pressure washing and pipe services. On December 31, 2021, the company operated 66 branches[2] in Norway, Germany, Sweden and Denmark, with approximately 1,400 employees. The company’s history dates back to 1919 and Norva24 has since evolved from a company with Norwegian roots to being a market leader in UIM services in Norway, Germany, Sweden and Denmark. Norva24 has a history of completing acquisitions in order to enter new markets or to consolidate its local market position, taking advantage of the highly fragmented UIM market in Europe, which is characterized by mostly small, local companies. In its four markets, the company has conducted three 34 acquisitions since 2015. www.norva24.com.

[1] Measured in revenue.

[2] The term “branch” refers to places of business in various locations in which the company conducts its operations.