Verisure Plc’s CEO, Austin Lally, expresses satisfaction with the company’s trading debut following its €3.2 billion IPO, the largest in Stockholm in 25 years. Lally highlights the significant support received from both Swedish and international investors, emphasizing a focus on long-term performance over immediate share price gains. The CEO’s positive remarks were made during an interview on Bloomberg Television.
Key Points:
- Verisure Plc’s IPO raised about €3.2 billion, marking the biggest IPO in Stockholm in 25 years
- CEO Austin Lally pleased with strong backing from Swedish and international investors
- Emphasis on long-term performance rather than short-term share price fluctuations
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