Avance, which is looking to raise $100m in fresh equity from the float, says its book is now covered within the range including over allotments.

Its statement comes just a couple of days into the owner’s IPO road show which will visit Europe and the US.

“The offering has attracted strong investor interest since the books opened on 31 March 2014 and continues to see significant interest from both international and Norwegian investors,” the owner said in a statement today.

Skandinaviska