2016 SolTech Energy Sweden AB (publ)
Preferential rights issue 5-24 October 2016
The Board of SolTech Energy Sweden AB (publ) have as of 5 September 2016, pursuant to the authorization from the annual general meeting May 26, 2016, decided on a rights issue of units consisting of shares and warrants with preferential rights for the shareholders. G & W Fondkommission is advisor to the Company in connection with the rights issue. The decision is in line with previously announced plans to partly finance the Company’s working capital and partly together with SolTechs partner Advanced Solar Power Hangzhou, Inc. (ASP) fund capital requirements for the installation of photovoltaic systems in China. Installation is performed by the ASP with joint subsidiary Advanced SolTech Renewable Energy Hangzhou Co. Ltd. (ASRE).
Shortly, the result of the rights issue will be reported here.
2016 Advanced SolTech Sweden AB (publ)
SolTechs jointly owned Swedish subsidiary, Advanced SolTech Sweden AB (publ) (ASAB), announced May 19, 2016 a prospectus with a bond offering targeted at the general public with an interest rate of 6.5 percent annually up to 14 June in 2019.
The outcome was 65.5 million (SEK) brought approximately 1250 subscribers and bonds are traded since July 5, 2016 on the Nasdaq First North Bond Market, under the designation SOLT1.
The prospectus is available for download here: Advanced SolTech Sweden AB prospekt 2016
In May 2015, a new issue was performed.
The prospectus is available for download here: SolTech Energy Sweden AB_prospekt_2015