Prospectus

2017 SolTech Energy Sweden AB (publ)

On 16 November 2017, the Board of SolTech Energy Sweden AB (publ), with the authorization of the Annual General Meeting of May 18, 2017, resolved to issue a new share issue of shares with preferential rights for the shareholders. G & W Fondkommission is an adviser to the Company in connection with the rights issue. The decision is in line with previously announced plans to fund strategic acquisitions, together with SolTech’s Chinese Advanced Solar Power Hangzhou, Inc. (ASP) partner, financing capital requirements for the installation of solar power plants in China, as well as strengthening working capital for a wide launch of the new product Shingle.
The rights issue comprises a total of 8,588,503 shares including fees for guarantees. Four (4) existing shares entitle to subscription of one (1) new. Reconciliation date for subscription rights is November 24, 2017 and the last day of trading of the share, including subscription rights, is November 22, 2017. Issue accounting that shows the right to subscribe for shares will be offered to all subscribers. The issue price is 8.40 per share. Trading in subscription rights takes place between 28 November and 12 December 2017.

The results of the rights issue will be presented shortly after the implementation of the issue.

Documents available below are in Swedish.

Issue broschure
Issue prospect
application form

 

Issue amount att full subscription
64,8 MSEK, corresponding 7 713 503 shares, before issue costs.
Preference
Four (4) existing shares give the right to sign one (1) share.
Subscription without preference
Yes, with secondary right.
Subscription price
8,40 SEK per share.
Last day of trading including right for participation
22 November 2017
Record date
24 november 2017.
Subscription period
The subscription period is in the period 28 November to 14 December 2017.
Trading in subscription rights
28 november to 12 december 2017.
Underwriting agreement
A total of 52.5 MSEK corresponding to approximately 81 percent or 6,250,000 shares of the total Issue amount
Guaranteed through a guarantee consortium consisting of major investors. However, the company has either requested or
received bank or other collateral for the amount.
Allotment
Notification of possible allocation is given by posting of settlement note, which is expected to take place around the 20th
December 2017.
Trading
Trading in the stock takes place on Nasdaq First North under the surname SOLT. Trading with BTA takes place as of 28
November and until the new issue has been registered with the Swedish Companies Registration Office, which is expected to take place around 20
January 2018.
ISIN-codes
Share: SE0005392537
Transferable subscription rights: SE0010599969
BTA: SE0010599977

 

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Frederic Telander, VD SolTech Energy
frederic.telander@soltechenergy.com
+46 (0)8 441 88 46