Bergen-based Wilson Carriers is the latest dry bulk company to list on the OSE and has started trading today under the ticker code WILS. In Ship (owned by Mr. Kristian Eidesvik) sold 35% or 14.8 million shares at NOK 19.50 to selected Norwegian and UK investors raising NOK 288 million. Arrangers DnB NOR Markets and Pareto Securities reported a huge interest in the company, demonstrating investor attraction to their planned dividend stock. The offering was oversubscribed by 3.3 times and sold 20% to retail and 80% to institutional investors. Among other things, the success of the deal is a testament to its perfect timing in that asset prices on dry bulk ships are widely considered to be at the top.
This is only an excerpt of Wilson Completes Successful Roadshow and Starts Trading on OSE Today
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Tags: · Actinor ASA, Caiano, DnB NOR Markets, DryShips, Holter-Sørensen Invest, In Ship, International Shipping Enterprises, Kristian Eidesvik, Ole Henrik Nesheim, Pareto Securities, WILS, Wilson ASA, Wilson Carriers, Wilson EuroCarriers AS, Wilson Group, Wilson Holding AS, Wilson Ship Management AS
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