Baker McKenzie advises Ovzon in primary issuance of shares worth SEK 238 million

Ovzon has carried out a primary issuance of shares of approximately SEK 238 million at a subscription price of SEK 51 per share. The subscription price was determined through an accelerated book-building procedure.

Ovzon is a tech company offering mobile broadband service via satellite combining high bandwidth satellite communication services with highly mobile terminals. The company was founded in 2006.

Carnegie and SEB acted as Joint Bookrunners in the transaction while Baker McKenzie acted as legal advisor with an international Capital markets team consisting of Joakim Falkner, Per Blom, Carl Bohman and Carl Isaksson in Stockholm as well as Adam Farlow and Charles Farnsworth in London.