The NASDAQ OMX Group (NASDAQ: NDAQ) announces that it has today divested its entire holding in Orc Software AB through an accelerated bookbuilding offering lead-managed by SEB Enskilda.
NASDAQ OMX divested 3,838,075 shares in Orc Software, corresponding to 25.25% of the capital and votes of the company to a mix of Swedish and international investors at a share price of SEK 110.
“We have had a close relationship as owner and partner to Orc Software since its founding 20 years ago. It has been gratifying to have been able to follow the company's journey up close from a startup to a world-leading, front-end trading applications and connectivity solutions provider,” says Magnus Böcker, President of NASDAQ OMX. “Our cooperation will certainly continue going forward.”