Press release 19 June 2017
Savo-Solar: Analysguiden has published an analysis on Savo-Solar share with the recommendation to subscribe in the ongoing rights issue
Analysguiden of the Swedish Shareholders’ Association has published an updated analysis on Savo-Solar Plc. Analysguiden has conducted the analysis with the aim of giving the market a better insight into the company’s future market conditions. The analysis highlights the unique technology’s efficiency in comparison to the industry average and a positive market outlook. The target price, after dilution from the present rights issue and a probability-weighted warrant subscription, is 0.9 SEK. The analysis is available here: https://www.aktiespararna.se/analysguiden/nyheter/nya-pengar-fortsatt-tillvaxt and it also is attached to this release.
For more information, please contact:
Jari Varjotie, Managing Director
+358 400 419 734
Translation of Analysguiden’s report
Savo-Solar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company’s collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savo-Solar helps its customers to produce competitive clean energy. Savo-Solar’s vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems – market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savo-Solar is known as the most innovative company in the business, and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savo-Solar’s shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.
The Company’s Certified Adviser is Augment Partners AB, phone: +46 8-505 65 172.