Press Release 24 February 2015 at 7.30 a.m. (EET)
Savo-Solar Ltd has applied for listing of its class A shares on Nasdaq First North Sweden
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE USA, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION IS UNLAWFUL.
Following the publication of its initial public offering and prospectus on 19 February 2015, Savo-Solar Ltd has yesterday filed an application to the Stockholm Stock Exchange (NASDAQ OMX Stockholm Aktiebolag) on listing of its class A shares on Nasdaq First North Sweden. Expected first day of trading is 2 April 2015, with the ticker SAVOS.
Savo-Solar’s Certified Adviser under the First North rules will be Mangold Fondkommission AB.
Additional information on the listing and the offering is available in the prospectus published by Savo-Solar on 19 February 2015, available at www.savosolar.fi/IPO, www.fim.com and www.mangold.se/savos.
For more information:
Ingrid Östhols, communication
Phone: +46 721 810 867
Managing Director Jari Varjotie
Phone: +358 400 419 734
Mangold Fondkommission AB
Phone: +46 (0) 8 5030 1550
Savo-Solar in brief
Savo-Solar provides solar thermal systems based on the world’s most efficient collectors in which there are 2 m2 MPE-absorbers (several patents pending) for heating of buildings, industrial processes and domestic hot water. 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. www.savosolar.fi
The Company’s Certified Adviser will be Mangold Fondkommission AB, phone: +46 8 5030 1550.
This release or the information contained therein shall not be distributed, directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States. The information contained in this release do not constitute an offer of, or invitation to purchase any securities in any area, where offering, procurement of or selling such securities would be unlawful prior to registration or exemption from registration or any other approval required by the securities regulation in such area. This release is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations issued by virtue of it. Savo-Solar has not registered, and does not intend to register, any offering of securities in the United States. No actions have been taken to register the shares or the offering anywhere else than in Finland and Sweden.
The information contained herein shall not constitute an offer of, or invitation to purchase any securities in any jurisdiction. This release is not a prospectus and does not constitute any offer, invitation or investment advice to subscribe for or purchase securities. Investors should not subscribe for or purchase any securities or make any investment decisions referred to herein except on the basis of information contained in a prospectus issued by Savo-Solar.