Netel Holding AB (publ)

Polar Advisory acted as financial advisor to Netel Holding AB (publ) in connection with the new share issues of SEK 149m

The subscription period for Netel Group’s fully secured rights issue ended on 10 September 2026. The SEK 127m rights issue attracted strong interest from investors and was oversubscribed. In light of the strong demand, the total issue amount was increased through an over-allotment issue of SEK 22m. In total, the new share issues provided the company with approx. SEK 149m before transaction costs. The new share issues are carried out ahead of the merger with Infrea AB.

"It is very gratifying to see the strong interest in Netel's rights issue. The broad support from both existing and new investors is a clear endorsement of the confidence in Netel and the potential of the new group that is now being formed. With a strengthened capital base, we are well positioned to continue developing the business, realise synergies and capitalise on the significant opportunities we see ahead of us", said Alireza Etemad, proposed Chairman of the merged company.

Polar congratulates Netel Group on the successful new share issues and looks forward to seeing Netel Group and Infrea AB embark on an exciting new chapter together, creating a leading Northern European platform for critical infrastructure services.