Rezidor Hotel Group AB was listed on the Stockholm Stock Exchange’s Nordic list on November 28th, 2006. The initial share price was determined through a book-building process among institutional investors to SEK 52 per share. Rezidor is quoted in the Mid Cap segment and is included in the Consumer Discretionary sector.
At the time of the listing, SAS Group sold most of its shareholding in the company and thereby decreased its holding from 75% to 6.7%. The Carlson Companies, that previously had an ownership of 25%, purchased an additional 10% from SAS Group in connection with the listing, at IPO price. On May 25th, 2007, SAS Group announced the sale of its remaining 6.7% stake in Rezidor to Carlson Companies. On 31st December 2007, the Carlson Companies was the largest shareholder in Rezidor with 41.7% of the share capital. No other shareholder held more then 10% of the shares.