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Analytikerkommentar

WindowMaster initiates a 100-to-1 reverse share split process

Af Michael FriisHead of Equities
WindowMaster International

Oversigt

  • WindowMaster plans a 100-to-1 reverse share split, requiring shareholder approval at an extraordinary general meeting.
  • Shareholders with fewer than 100 shares will have their shares redeemed at market price, while those with shares not divisible by 100 will have excess shares redeemed.
  • The reverse split aims to reduce share price volatility, attract institutional investors, and potentially facilitate a move to the main market, although no decision on the latter has been made.
  • HC Andersen Capital, which receives payment from WindowMaster, disclosed this information.

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WindowMaster  has decided to initiate a reverse share split and will convene an extraordinary general meeting to authorize the Board to carry out the process.


The company plans a reverse split of 100:1, meaning that 100 existing shares will be combined into one new share.

Shareholders who hold fewer than 100 shares or a number of shares not divisible by 100 at the end of the redemption period will have any excess shares bought back by the company at market price.
In other words, if you hold fewer than 100 shares, all your shares will be redeemed, and if, for example, you hold 950 shares, 50 will be redeemed and you will end up with 9 shares.

In theory, this change will not affect the total value of your WindowMaster holdings. For instance, if you currently hold 100 shares valued at DKK 850 in total, you will have one share worth DKK 850 after the transaction.

The company cites three main reasons for the reverse share split:

  1. To mitigate the risk of high volatility in the company’s share (small trades significantly impacting the share price).
  2. To make the share more attractive to institutional investors, some of whom have minimum share price requirements.
  3. As a potential steppingstone toward a move to the main market, though the company emphasizes that no such decision has been made.

Disclaimer: HC Andersen Capital receives payment from WindowMaster for a Digital IR agreement. Michael Friis 11:55, 21/10/2025.

WindowMaster er en dansk cleantech virksomhed, der leverer indeklimaløsninger baseret på intelligent naturlig og blandet ventilation samt varme- og røgventilationsløsninger. Løsningerne er til kommerciel brug, primært i følgende seks segmenter: 1) Kontor 2) Uddannelsesinstitutioner 3) Kulturbygninger 4) Shoppingcentre 5) Hospitaler 6) Idrætsfaciliteter I 2015 blev WindowMaster opkøbt af den nuværende majoritetsaktionær og administrerende direktør, Erik Boyter, i et management buy-in. I dag er virksomheden en global virksomhed med salgsdatterselskaber i Danmark, Tyskland, Irland, Norge, Storbritannien, USA og Schweiz. Virksomheden har været noteret på Nasdaq First North i Danmark siden oktober 2020.

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Inderes’ ansvarsfraskrivelse kan findes her. Detaljeret information om hver aktie, der aktivt overvåges af Inderes og HC Andersen Capital, er tilgængelig på de virksomhedsspecifikke sider på Inderes' hjemmeside. © Inderes Oyj. All rights reserved.