SaltX announces the results of the Rights issue

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Stockholm, December 11, 2018

On December 7, 2018, the subscription term of SaltX Technology Holding AB (publ) ("SaltX" or "Company") terminated. Shareholders with preferential rights subscribed for SEK 57.1 million, corresponding to 71 percent, SEK 3.8 million were subscribed without preference, corresponding to 5 percent and SEK 19.7 million, corresponding to 24 percent, were subscribed by guarantors in accordance with the Rights issue guarantee agreements concluded with the Company. Minor adjustments may occur. In total, the Rights issue provides SEK 80.6 million before Rights issue costs.

Number of shares and share capital
When the Rights issue has been registered with the Swedish Companies Registration Office, the total number of shares in SaltX will amount to 72,486,352, all shares of Series B. The share capital will increas by SEK 1,171,752.16, and after the Rights issue it amounts to SEK 5,798,908.16. In the event that all warrants issued in the Rights issue are fully utilized, the number of shares in the Company is increased by 7,323,451.

Trade with BTU B
Trading with paid subscribed units (BTU B) takes place on Nasdaq First North Premier until the Swedish Companies Registration Office has registered the Rights issue. This registration is initiated by partial registrations and is expected to be completed by December 21, 2018.

Advisors
The law firm Törngren Magnell has acted as legal adviser and Eminova acted as issue agency in connection with the Rights issue. FNCA is the company's Certified Adviser at Nasdaq First North Premier.


For further information, please contact:
Karl Bohman (CEO) 0705-600 268
Harald Bauer (CFO) 0708-10 80 34

This information is such information as SaltX Technology is required to disclose under the EU Market Abuse Regulation. The information was provided, through the contact of the above contact persons, for publication on December 11, 2018 at 08:15 CET