The schedule for legal proceedings between Sunti SAS and Savosolar has been re-defined

Savosolar Plc
Company Announcement    30 October 2019 at 3.30 p.m. (CET)

The schedule for legal proceedings between Sunti SAS and Savosolar has been re-defined

The court has now defined new schedule for the legal proceedings between Sunti SAS and Savosolar. According to the new schedule, there will be written preparation until January 31, 2020. After that the court decides the timing for the verbal hearing.

As earlier stated, Savosolar considers Sunti’s claim for alleged breach of contract and 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

About Savosolar

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 almost 20 countries on four continents. Savosolar’s shares are listed on Nasdaq First North Growth Market Sweden with the ticker SAVOS and on Nasdaq First North Growth Market Finland with the ticker SAVOH. www.savosolar.com.

The company’s Certified Adviser is Augment Partners AB, info@augment.se, phone: +46 8-505 65 172.