M Refine Group recieve 80 MSEK in new share issue

M Refine Group has today successfully completed a new share issue of 80 MSEK with the aim of strengthening its equity and simultaneously reducing debt, thereby improving the solidity of both the Group and the parent company. This step is part of our strategy to create the necessary foundations and prepare the business for a potential future stock market listing.

Daniel Martinwall, CEO and Group Executive of M Refine Group, comments: "We can confirm that there was significant interest in our business, and we were quickly oversubscribed in the share issue. We welcome all new shareholders to what we hope will be an exciting journey and a strong investment for all involved."