Solwers – Directed share issue

We assisted Solwers Plc in a directed share issue announced on 13 December 2022, whereby company shares were offered to selected domestic and international investors. A total of 1,020,000 new shares were issued. The lead manager of the share issue was UB Securities Oy.

Solwers received gross proceeds of approximately EUR 4.49 million in the share issue. The company intends to use the proceeds from the share issue to continue its acquisition-based growth strategy.

Solwers is a group of expert companies with approximately 600 employees in Finland and Sweden. It provides services in the fields of architectural design, technical consulting, electrical and automation engineering, project management, environmental monitoring, circular economy and digital solutions.