Company Announcement 31 January 2019 at 8:30 a.m. (CET)
Updated time schedule for Year-End Report and rights issue
In order for Savosolar Oyj (“Savosolar” or the “Company”) to be able to publish its Year-End Report before the rights issue announced on 19 December 2018 the Company has updated the time schedule for the rights issue and decided to bring forward the date when the Year-End Report will be published. The Company has also decided to change the subscription period for the warrants given free of charge in connection with the rights issue.
Indicative time schedule
|20 February 2019||Year-End Report is published|
|20 February 2019||Resolution regarding the rights issue by the Board of Directors|
|20 February 2019||The prospectus is published|
|20 February 2019||Last day of trading including the right to receive subscription rights|
|21 February 2019||First day of trading excluding the right to receive subscription rights|
|22 February 2019||Record date for the rights issue|
|27 February – 11 March 2019||Trading period for subscription rights|
|27 February 2019||Trading starts in intermediary shares (BTA)|
|27 February – 13 March 2019||The subscription period for the rights issue in Sweden|
|27 February – 15 March 2019||The subscription period for the rights issue in Finland|
|19 March 2019||Announcement of the outcome of the rights issue|
|29 March 2019||Last day of trading in the intermediary shares on First North Finland|
|2 April 2019||Last day of trading in the intermediary shares on First North Sweden|
|11 November – 22 November 2019||Definition period for subscription price for shares that can be subscribed for based on the warrants|
|25 November – 9 December 2019||Subscription period for shares that can be subscribed for based on the warrants|
For more information:
Managing Director Jari Varjotie
Phone: +358 400 419 734
Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, “MAR”). The information was submitted for publication by the aforementioned person on 31 January 2019 at 8:30 a.m. (CET).
Savosolar 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, Savosolar helps its customers to produce competitive clean energy. Savosolar’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. Savosolar 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. Savosolar’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, firstname.lastname@example.org, phone: +46 8 505 65 172.