On April 20, 2017, the Annual General Meeting decided on a rights issue of 100 million SEK aimed at increasing the investment in large-scale energy storage – EnerStore – and ensuring the company’s future financing needs. The rights issue is 100 % guaranteed through subscriptions from main shareholders and a guarantee consortium.
The prospectus shows that SaltX Technology’s total market potential is estimated at 160 billion SEK per year, of which the EnerStore application amounts to 100 billion SEK.
Shareholders in the Company receive one subscription right for each share held on the record date.
The subscription period is from 2 May to 19 May 2017.
The rights issue includes a maximum of 8,947,461 shares.
SEK 11.20 per share.
1:5 (5 subscription rights are required to subscribe for 1 new share).
Approximately 100 million SEK.
44 737 307 shares.