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Soiltech lists on Euronext Expand Oslo

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  • Market capitalisation of approximately NOK 506 million
  • The eighth listing of the year on Euronext Oslo Børs’ markets
  • 35th listing on Euronext in 2024 

Oslo – 11 September 2024 – Euronext today congratulates Soiltech (ticker: STECH) on its listing on Euronext Expand Oslo. This marks the eighth listing in Oslo this year and the 35th across Euronext. 

Soiltech is a cleantech service provider specialising in the treatment, recycling, and responsible management of contaminated water and industrial waste streams. Its innovative technologies and solutions serve a range of sectors, including energy, aquaculture, municipal services, and other industries. Headquartered in Norway, Soiltech operates globally, with additional offices in the UK and Abu Dhabi. 

At market opening today, the share price was set at NOK 63,8 per share, giving the company a market value of approximately NOK 506 million on its first day of trading. 

Jan Erik Tveteraas, CEO of Soiltech, said: “This is a milestone in Soiltech's history. Soiltech is a technology company supporting the decarbonisation work in the oil and gas industry. We have had steady and profitable growth over the years and the IPO gives us access to capital to continue this growth. We see increased demand of our technologies for waste reduction, waste recycling and reuse, driven by stricter environmental requirements globally." 

Jan Erik Tveteraas, CEO of Soiltech, rang the bell this morning to celebrate the listing and the first day of trading on Euronext Growth Oslo. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs.

Caption: Jan Erik Tveteraas, CEO of Soiltech, rang the bell this morning to celebrate the listing and the first day of trading on Euronext Growth Oslo. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs. (Photo: Thomas Brun | NTB)

 

About Soiltech

Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse. Soiltech operates world-wide and is headquartered in Norway.

 

 

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  clsegerlund@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 
  Judith Stein  +33 6 15 23 91 97  ir@euronext.com  
Download press release - Soiltech

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