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Savo-Solar Oy: Savo-Solar Ltd's class A shares approved for trading on Nasdaq First North Sweden

Savo-Solar Ltd.

Company Release 30 March 2015 at 1:45 pm (EET)

Savo-Solar Ltd's class A shares approved for trading on
Nasdaq First North Sweden

NASDAQ OMX Stockholm AB has on 27 March 2015 approved Savo-Solar's application
for listing of its class A shares on Nasdaq First North Sweden. The first day
of trading is expected to be 2 April 2015, with the ticker SAVOS. The Board
of Directors of Savo-Solar has on 27 March 2015 resolved to convert all the
company's existing class B shares, amounting to a total of 1,917,880 shares,
to class A shares.

In Savo-Solar's Initial Public Offering a total of 2,036,850 new class A
shares were subscribed, and the subscriptions have been paid in full today.
Deviating from the estimated schedule the new shares are expected to be
registered with the Trade Register on Tuesday, 31 March 2015 and the new
shares are expected to be delivered to the subscribers on Wednesday, 1 April

After the conversion and the registration of the new shares subscribed in the
Initial Public Offering the company has only one class of shares and the
number of shares is 5,295,810.


For more information:

Ingrid Östhols, communication
Phone: +46 721 810 867
Savo-Solar Ltd.
Managing Director Jari Varjotie
Phone: +358 400 419 734
Certified Adviser: Mangold Fondkommission AB
Phone: +46 (0) 8 5030 1550
Savo-Solar in brief

Savo-Solar provides solar thermal systems for heating of buildings, industrial
processes and domestic hot water. Savo-Solar's systems are based on the
verified world's most efficient 2 m2collector utilising MPE-absorbers with
several patents pending. The absorbers are coated with a highly selective
optical nano-coating. Savo-Solar is, according to the available information,
the only company able to coat ready-made, complete absorbers. Focus is on
large scale industrial applications such as district heating, industrial
process heating and
energy renovations of large buildings. Since 2011 the company has sold and
delivered its products in over 17 countries on four continents.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Savo-Solar Oy via Globenewswire


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