Company Announcement 23 November 2018 at 6.00 p.m. (CET)
Share subscription period for Savosolar Plc’s Warrant Plan 1-2018 starts on 26 November 2018
Savosolar Plc (“Savosolar” or the “Company”) carried out a rights issue during the period between 21 June 2018 and 10 July 2018 and a directed share issue on 13 July 2018, where warrants were issued to the subscribers free of charge (the “Warrants”) (the “Warrant Plan 1-2018”). The share subscription price based on the warrants in EUR has been set to EUR 0.02.
The subscription price per share for the Warrant plan 1-2018 is EUR 0.02 or SEK 0.21.
The subscription period for shares that can be subscribed for on the basis of the Warrants will be 26 November 2018 – 10 December 2018.
The terms and conditions of the Warrants can be found at http://savosolar.com/investor-relations/rights-issue-2018-2/.
For more information:
Managing Director Jari Varjotie
Phone: +358 400 419 734
Savosolar in brief
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, phone: +46 8-505 65 172.