Savo-Solar Plc’s stock option plan 2-2015 has expired

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Savo-Solar Plc
Company Announcement                  25 October 2016 at 1 p.m. (CET)

Savo-Solar Plc’s stock option plan 2-2015 has expired

The subscription period in Savo-Solar Plc’s stock option plan 2-2015 was on 5 – 21 October 2016. No shares were subscribed against the warrants and the stock option plan has expired. The warrants are no longer traded in the First North and they have been excluded from the Euroclear book-entry system.

The warrants were issued free of charge to subscribers in the company’s rights issue on 27 November – 15 December 2015.  The subscription price per share was EUR 0.88 or SEK 8.44.

SAVO-SOLAR PLC

For more information:

Savo-Solar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.fi

Savo-Solar 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 25 October 2016 at 1 p.m. (CET).

Savo-Solar in brief

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 18 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.fi.

The Company’s Certified Adviser is Mangold Fondkommission AB, phone: +46 8 5030 1550.

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