The CEO subscribes for issued shares for SEK 500,000

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The energy storage company SaltX Technology - listed on Nasdaq First North Premier Growth Market - carries out a fully guaranteed rights issue of approximately SEK 80 million before issue costs during the period 14 - 28 November. In connection with the ongoing issue, CEO Carl-Johan Linér acquires subscription rights that entitle the holder to subscribe for 90,000 SaltX shares, which means an investment of SEK 500,000.

The subscription period runs until November 28, 2019 and subscription rights are traded until November 26 at Nasdaq First North.

“SaltX technology for energy storage has a promising future ahead. I look forward to be a part of and develop the company and thus also creating shareholder value”, says Carl-Johan Linér, CEO of SaltX Technology.

For further information, please contact:
Carl-Johan Linér (CEO) +4670-532 08 08
Harald Bauer (CFO) +46708-10 80 34

About SaltX Technology
SaltX Technology develops and sells a patented energy storage technology based on nanocoated salt. The Company collaborates with partners such as Spanish INERCO ITC, German Steinmüller and Chinese Shuangliang. SaltX Technology's shares are listed on the Nasdaq First North Premier Growth Market. FNCA Sweden AB, 08-528 00 399, info@fnca.se, is SaltX Technology's certified adviser. For more information, visit: www.saltxtechnology.com.

Stockholm, November 21, 2019