BlueYield AB

BlueYield AB has announced the start of trading for its shares on the Nordic SME under the ticker "SHIP". The company completed a private placement of shares, attracting interest from both Swedish and international investors. Pareto Securities is managing the offering, with legal and corporate advisory support from Wigge & Partners Advokat KB, Aabø-Evensen & Co Advokatfirma AS, and Pareto Business Management, while Ernst & Young serves as the auditor. BlueYield focuses on acquiring and divesting maritime assets, offering a diverse portfolio of vessels. The press release includes disclaimers about distribution restrictions in certain jurisdictions and emphasizes that it is not an offer to buy or subscribe to securities. It also contains forward-looking statements and information about the target market assessment for the shares under MiFID II regulations. The company advises investors to perform their own assessments and notes that share prices can fluctuate.

BlueYield AB announced the results of its share offering in preparation for listing on Nordic SME. The offering raised SEK 320 million through the issuance of 3.2 million shares at SEK 100 each and was oversubscribed, attracting interest from both Swedish and international investors. The proceeds will primarily fund the acquisition of BlueYield AS, which holds interests in 29 special purpose vehicles operating 43 vessels. The Vendor will reinvest SEK 58 million, becoming the largest shareholder. The first trading day is expected on June 18, 2025, under the ticker "SHIP." The offering supports BlueYield's growth strategy in the shipping sector, which has historically outperformed global equity markets. The company aims to offer a dividend yield of 12-14% and an IRR exceeding 20%. Key stakeholders, including the CEO and board members, have committed significant investments, and the Vendor, along with other major shareholders, have agreed to a lock-up period of 18 months post-listing.