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Hermana Holding lists on Euronext Oslo Børs

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  • Market capitalisation of approximately NOK 376 million
  • The fifth listing of the year on Euronext Oslo Børs’ markets
  • 21st listing on Euronext in 2024

Oslo – 18 June 2024 – Euronext Oslo Børs today congratulates Hermana Holding (ticker: HERMA) on its listing on Euronext Oslo Børs. This is the fifth listing of the year in Oslo and the 21st on Euronext. 

Hermana Holding is a spin-off from the petroleum-related legacy business of Magnora (ticker: MGN). Magnora invests in development projects and renewable energy companies, and the spin-off will separate the floating production, storage, and offloading (FPSO) segment from the renewables business. Hermana Holding will provide financing within the resource-based Nordic economies and other opportunities in exchange for revenue streams.

The share price was set at NOK 4 per share at market opening, resulting in the company reaching a market value of NOK 375.7 million on its first day of trading. 

Erik Sneve, chairman of Hermana Holding, said: “We look forward to the start of this journey. We have mobilised a team with proven abilities to create great companies from scratch. The point of departure is indeed promising, with professional investors, a long-term cash flow, and solid counterparties, very much like Magnora ASA in 2019.”

Ginny Pettersen, investor, rang the bell this morning to celebrate the listing of Hermana Holding and the first day of trading on Euronext Oslo Børs. To her left you see Erik Sneve, Chairman, and Stein Bjørnstad, CEO. The company was welcomed by Øivind Amundsen, CEO, and Eirik Høiby Ausland, Head of Listing, at Euronext Oslo Børs. (Photo: Thomas Brun | NTB)

 

Caption: Ginny Pettersen, investor, rang the bell this morning to celebrate the listing of Hermana Holding and the first day of trading on Euronext Oslo Børs. To her left you see Erik Sneve, Chairman, and Stein Bjørnstad, CEO. The company was welcomed by Øivind Amundsen, CEO, and Eirik Høiby Ausland, Head of Listing, at Euronext Oslo Børs. (Photo: Thomas Brun | NTB)

About Hermana Holding ASA

Hermana Holding is a royalty business that offers financing in return for revenue streams. It looks for assets in the resource-based Nordic economies, and for interesting intellectual property. It shares the risk of falling revenues in return for exposure to interesting assets. Hermana Holding is an owner, manager, investor and developer of services that supplement regular banks and investment businesses. The company can also engage in other investments.

 

CONTACTS  

MEDIA – mediateam@euronext.com 
Europe    Aurélie Cohen  +33 1 70 48 24 45  mediateam@euronext.com  
Andrea Monzani  +39 02 72 42 62 13 
Amsterdam  Marianne Aalders  +31 20 721 41 33  amsterdampressoffice@euronext.com 
Brussels  Marianne Aalders  +32 26 20 15 01  brusselspressoffice@euronext.com 
Dublin  Andrea Monzani +39 02 72 42 62 13 

dublinpressoffice@euronext.com

 
Lisbon  Sandra Machado 

+351 91 777 68 97

portugalpressoffice@euronext.com

 
Milan, Rome  Ester Russom  +39 02 72 42 67 56  italypressoffice@euronext.com 
Oslo  Cathrine Lorvik Segerlund +47 41 69 59 10  oslopressoffice@euronext.com 
Paris, Corporate  Flavio Bornancin-Tomasella +33 1 70 48 24 45  parispressoffice@euronext.com 
Corporate Services  Coralie Patri  +33 7 88 34 27 44  parispressoffice@euronext.com 
       
ANALYSTS & INVESTORS – ir@euronext.com 
Investor Relations Aurélie Cohen  +33 1 70 48 24 17  ir@euronext.com 
  Clément Kubiak  +33 1 70 48 26 33  ir@euronext.com  
Last ned pressemelding - Hermana Holding

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About Euronext 
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