Company Announcement 19 February 2019 at 3:20 p.m. (CET)
Updated time schedule for the rights issue
Savosolar Oyj (“Savosolar” or the “Company”) has decided to update the time schedule for the planned rights issue by postponing it by two days according to below.
Indicative time schedule
|20 February 2019||Year-End Report is published|
|22 February 2019||Resolution regarding the rights issue by the Board of Directors|
|22 February 2019||The prospectus is published|
|22 February 2019||Last day of trading including the right to receive subscription rights|
|25 February 2019||First day of trading excluding the right to receive subscription rights|
|26 February 2019||Record date for the rights issue|
|1 March – 13 March 2019||Trading period for subscription rights|
|1 March – 15 March 2019||The subscription period for the rights issue in Sweden|
|1 March – 19 March 2019||The subscription period for the rights issue in Finland|
|15 March 2019||Trading starts in intermediary shares (BTA)|
|21 March 2019||Announcement of the outcome of the rights issue|
|2 April 2019||Last day of trading in the intermediary shares on First North Finland|
|4 April 2019||Last day of trading in the intermediary shares on First North Sweden|
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 19 February 2019 at 3:20 p.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, email@example.com, phone: +46 8 505 65 172.