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2014-12-17

PowerCell: PowerCell Sweden lists its shares on First North at Nasdaq Stockholm

POWERCELL SWEDEN LISTS ITS SHARES ON FIRST NORTH AT NASDAQ STOCKHOLM

As previously announced, leading Nordic fuel cell company PowerCell Sweden
AB (publ) confirms that the company will list its shares and warrants on
First North at Nasdaq Stockholm after an approved listing application. The
first trading day of the shares will be Friday 19 December.

- We are pleased that the recent share issue of SEK 108 million was so
successful and that the interest in our company and environmentally
friendly fuel cell technology is so great, said Per Wassén, Chairman of the
Board at PowerCell Sweden AB.
- The number of owners has now expanded to more than 2300 shareholders.
According to plan we will list the company’s shares on First North at
Nasdaq Stockholm, with the first trading day of the shares on Friday,
December 19.

The warrants will be listed around January 15, 2015.

G & W Fondkommission acts as PowerCell Sweden AB's Certified Adviser.

Gothenburg, Sweden, December 17, 2014

For additional information, please contact:
Per Wassén
Chairman of the Board, PowerCell Sweden AB
Ph : +46 765 53 37 71

Magnus Henell
CEO, PowerCell Sweden AB
Ph: +46 739 10 37 03
Email: magnus.henell@powercell.se

The following documents can be retrieved from beQuoted
PowerCell Pressrelease 2014-12-17 (English).pdf

PowerCell Pressrelease 2014-12-17 (Swedish).pdf

About PowerCell
PowerCell Sweden AB (publ) is the Nordic leading fuel cell company with a
unique and patented technology for generating electricity from fuel cells
in an efficient and environmentally friendly way. PowerCell develops and
distributes advanced fuel cell systems for the transport industry, the
telecommunication industry and the military sector.

PowerCell has developed fuel cell technology for more than a decade, and
has perfected a unique design that enables the production of a lightweight,
versatile and reliable power source for automotive, transport and
stationary applications.

By combining their fuel cell- and reformer technology PowerCell has
developed a fuel cell system that converts diesel fuel to electricity in an
energy efficient and environmentally friendly manner, with minimal
emissions and quiet operation. The fuel cell system is initially adapted to
supply electric power to the telecom industry.

PowerCell is a spinout from the Volvo Group with the objective to develop
and produce environmentally friendly power systems based on a unique fuel
cell and reformer technology that matches existing fuel infrastructures.
PowerCell is based in Gothenburg and is owned by Volvo Group Venture
Capital, Fouriertransform, Midroc New Technologies and Finindus. For
further information, please visit: www.PowerCell.se

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