The Share

The Refine share is listed on the Nasdaq First North Stockholm Stock Exchange (Ticker code: REFINE, ISIN code: SE0021021656). There is only one class of shares and all shares have the same voting right – one vote per share.

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*The price data is time delayed at 15 minutes and includes historical prices before Refine’s reverse takeover (RTO).

Major Owners

NameTotal SharesHoldings %Votes %Verified
1Caldas Capital Lda28 026 85120,28%20,28%2025-12-30
2Nordnet Pensionsförsäkring10 545 9787,63%7,63%2025-12-30
3Ludvig Neset10 106 0327,31%7,31%2025-12-30
4Jacob Stenberg6 137 3274,44%4,44%2025-12-30
5SEB Liv & Pension5 840 8514,23%4,23%2025-12-30
6David Wallinder5 142 8473,72%3,72%2025-12-30
7Gabriel Kallonas4 981 4703,61%3,61%2025-12-30
8Ålandsbanken Abp4 803 8953,48%3,48%2025-12-30
9Daniel Forssell Holding AB4 376 8083,17%3,17%2025-12-30
10Avanza Pension3 310 7492,40%2,40%2025-12-30
Top 10 shareholders83 272 80860,27%60,27%
Other shareholders54 904 11239,73%39,73%
Total138 176 920100,00%100,00%

The list of Refine Group’s biggest shareholders is based on the information given by Euroclear Sweden AB and each respective shareholder on the holdings of Refine Group AB as per the last trading day of December 2025.

Nasdaq First North Growth Market

Nasdaq First North Growth Market is an alternative market, operated by the different exchanges within Nasdaq. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market. All companies whose shares are traded on First North have a Certified Advisor who ensures that the company lives up to the First North rules for providing information to the market and investors.