NORWAY - Index, Teknoinvest and NorthZone complete final exit from listed-Trolltech

Trolltech was listed on Oslo Børs with Index Ventures holding an approximately 18.37% stake in the business, while Teknoinvest held approximately 5.5% and Northzone controlled a small stake of approximately 2.46%. The board of directors has unanimously recommended acceptance of Nokia’s offer. Holders of 35,024,830 shares representing 66.43% are issued Trolltech shares, while Haavard Nord (co-founder) and Vuonislahti Invest AS (controlled by Eirik Chambe-Eng, co-founder), Index Ventures, Teknoinvest and Northzone control the remaining of the share capital and have all agreed to sell to Nokia. The transaction is expected to close in the second quarter of 2008.

Trolltech floated on Oslo Stock Exchange in July 2006 for a marketcap of above NOK 818m and at a price of NOK 16 per share. Prior to the listing Index Ventures owned 22.3% of the shares, Teknoinvest 11.1% and Northzone Ventures 4.8%.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• Nordics
• Technology