The schedule for legal proceedings between Sunti SAS and Savosolar has been postponed

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Savosolar Plc
Company Announcement                   13 November 2018 at 11.30 a.m. (CET)

The schedule for legal proceedings between Sunti SAS and Savosolar has been postponed

The schedule for legal proceedings between Sunti SAS and Savosolar Plc (“Savosolar” or the “Company”) has been postponed.

Sunti SAS delayed their written answer, which has led to that the court has postponed the timing for the first verbal hearing. The timing has not yet been set, but will not take place before 2019.

As earlier stated, Savosolar considers Sunti’s claim for compensation to be without just cause.

SAVOSOLAR PLC.

For more information:

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

This company announcement contains information that Savosolar Plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by aforementioned contact person on 13 November 2018 at 11.30 a.m. (CET).

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.

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