Sentica has sold all of its shareholding in Solteq
The funds managed by Sentica, consisting of Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (together “Sentica”), have sold all of their shareholding in Solteq Plc (“Solteq”). Sentica has sold today a total 4,801,293 shares in Solteq to a group of institutional investors at a price of EUR 4.70 per share.
“We announced on 26 April 2021 our plans to reduce Sentica’s ownership in Solteq. While Solteq is positioned to continue to perform well in the future, it was now time for us to sell down our ownership and finalise our exit. The share sale carried carried out today enabled many renowned investors to become shareholders in Solteq, which will provide an excellent basis for both the current and new shareholders to continue from, says Sentica’s Managing Partner Mika Uotila.
OP Corporate Bank plc acted as Sole Bookrunner in connection with the share sale. Borenius Attorneys Ltd acted as Sentica’s legal advisor.
