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11 June 2018 at Sheraton Hotel, Stockholm
Tegelbacken 6, Stockholm
Aktiespararna Småbolagsdagen
Savosolar’s presentation at 12:40-13:10
Savosolar Plc
Company Announcement 13 July 2018 at 3:00 p.m. (CEST)
Savosolar’s rights issue oversubscribed and resolved to execute a directed issue
Read company announcement >>
Savosolar Plc
Company Announcement 5 July 2018 at 3:30 p.m. (CEST)
Savosolar has drawn up a supplement to the prospectus
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Savosolar Plc
Company Announcement 14 June 2018 at 11:00 a.m. (CEST)
Savosolar arranges a rights issue of approximately EUR 3,5 million, publishes a prospectus and discloses information not previously published
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Savosolar Plc
Company Announcement 13 June 2018 at 8:00 a.m. (CEST)
Resolutions of Savosolar Plc’s Extraordinary General Meeting
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Certain important dates related to the Offering
Finland and Sweden
| Päivämäärä | Table Header |
|---|---|
| 15 June 2018 | First day of trading excluding the Subscription Rights |
| 18 June 2018 | Record date for the Offering |
| 21 June – 4 July 2018 | Trading period for the Subscription Rights |
| 21 June 2018 | Trading starts in temporary shares (BTA) |
| 21 June – 6 July 2018 | The Subscription Period for the Offering in Sweden |
| 21 June – 10 July 2018 | The Subscription Period for the Offering in Finland |
| 13 July 2018 | Announcement of the outcome of the Offering |
| 23 July 2018 | Last day of trading in the temporary shares on First North Finland and Sweden |
| week 31, 2018 | First day of trading with the Warrants on First North Finland and Sweden (estimate) |
Global environmental trends with strong emphasis on renewable energy offer a huge potential for Savosolar. The company has ever since its foundation in 2009 had the ambition to take the solar thermal technology to the next level. Deliveries of effective solar thermal collectors started in June 2011 and since then, the company has delivered over 50,000 m2 of collectors to their customers in 18 countries on four continents. The strong foothold in the Danish market, which the leading large scale solar thermal market in the world, excellent feedback from the customers and the convincing test results from independent institutions demonstrate that Savosolar’s collectors deliver what they promise. The revenue of the company has doubled annually during the past years, while at the same time the investments in the future growth and development have burdened the profitability. In the middle of strong growth the company is investing further to be able to meet the market demand. The latest investments in production have been the modernization of the coating line doubling its capacity and next level of automation in the assembly to match the coating capacity and speed. At the same time other development actions have increase the efficiency on the production significantly, reducing the manufacturing working hours of collectors to less than one third from the staring point.