Company Release 17 April 2015 at 10.15 (EET)
Savo-Solar Ltd has applied for a secondary listing of its class A shares on Nasdaq First North Finland
The Board of Directors of Savo-Solar Ltd has today decided to apply for a secondary listing of the Company’s class A shares on First North Finland. The application for listing has been filed with NASDAQ OMX Helsinki Oy earlier today. The first day of trading is expected to be 24 April 2015 with the ticker SAVOH. Savo-Solar’s class A shares have been traded on First North Sweden maintained by NASDAQ OMX Stockholm AB since 2 April 2015.
The Board of Directors of Savo-Solar believes that the secondary listing of the company’s class A shares on First North Finland creates conditions for an increased liquidity of the shares, as it facilitates trading for the Finnish investors. The secondary listing also seeks to increase the visibility of Savo-Solar in Finland.
Savo-Solar’s Certified Adviser under the First North rules is Mangold Fondkommission AB.
For more information:
Managing Director Jari Varjotie
Phone: +358 400 419 734
Ingrid Östhols, communication
Phone: +46 721 810 867
Mangold Fondkommission AB
Phone: +46 (0) 8 5030 1550
Savo-Solar in brief
Savo-Solar provides solar thermal systems for heating of buildings, industrial processes and domestic hot water. Savo-Solar’s systems are based on the verified world’s most efficient 2 m2 collector utilizing MPE-absorbers with several patents pending. The absorbers are coated with a highly selective optical nano-coating. Savo-Solar is, according to the available information, the only company able to coat ready-made, complete absorbers. Focus is on large scale industrial applications such as district heating, industrial process heating and energy renovations of large buildings. Since 2011 the company has sold and delivered its products in over 17 countries on four continents. Savo-Solar’s class A shares are listed on Nasdaq First North Sweden as from April 2015 with the ticker SAVOS. www.savosolar.fi.