Owners

CDON has historically been a subsidiary of the listed group Qliro Group (renamed Nelly Group) but was listed on the Nasdaq First North Growth Market with the first day of trading on November 6, 2020. The largest owners prior to the split were: Rite Ventures with approximately 25.8% ownership and Mandatum Life (Sampo) with 9.8%.

The 15 largest owners as of March 31, 2022.

Owners Number of shares Capital
ADW Capital Management, LLC     1 592 000 24,70%
Rite Ventures  1 574 782 24,40%
Mandatum Life Insurance Company  628 541 9,70%
Bayberry Capital Partners Lp  483 000 7,50%
Far View Capital Management  251 242 3,90%
eQ Asset Management Oy  84 413 1,30%
Lizard Investors LLC  67 417 1,00%
Pengana Capital Group  59 490 0,90%
Maryland State Retirement And Pension System  41 960 0,70%
Avanza Pension  32 732 0,50%
 Newtyn Management LLC  24 704 0,40%
Kanen Wealth Management LLC  22 769 0,40%
Burgundy Asset Management  18 723 0,30%
Adrigo Asset Management  14 260 0,20%
 Staffan Johansson  11 000 0,20%
Total 15 largest owners 4 907 033 76,10%
Others  1 543 450 23,90%
Total 6 450 483 100,00%

Source: Modular Finance Monitor