Oslo, 15 February 2018: Norstat ASA ("Norstat" or the "Company", and together with its subsidiaries, the "Group") today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares, and to apply for a listing on the Oslo Stock Exchange.
Norstat is a full-service, independent pan-European leader in high-quality data collection solutions for consumer research, enabling its customers to reach the right consumers at the right time across geographies and via the most efficient technology-enabled online and offline channels. Norstat is the Nordic leader in the market research segment based on data collection revenue and panel size.
The IPO aims to support Norstat's organic and inorganic growth plans for the coming years. With the ongoing industry consolidation in Europe, the IPO will provide the Company with greater flexibility as opportunities arise. Furthermore, the IPO will allow the Company to diversify its ownership structure, and is expected to contribute to a sustained strong, diverse and long-term shareholder base for the Company.
ABG Sundal Collier ASA and Carnegie AS are acting as Joint Global Coordinators and Joint Bookrunners in the IPO.