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2016-10-25

Savo-Solar Oyj: Savo-Solar Plc's stock option plan 2-2015 has expired

Savo-Solar Plc

Company Announcement 25 October 2016 at 1 p.m. (CET)

Savo-Solar Plc's stock option plan 2-2015 has expired

The subscription period in Savo-Solar Plc's stock option plan 2-2015 was on 5
- 21 October 2016. No shares were subscribed against the warrants and the
stock option plan has expired. The warrants are no longer traded in the First
North and they have been excluded from the Euroclear book-entry system.

The warrants were issued free of charge to subscribers in the company's rights
issue on 27 November - 15 December 2015. The subscription price per share
was EUR 0.88 or SEK 8.44.

SAVO-SOLAR PLC

For more information:

Savo-Solar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.fi

Savo-Solar Plc discloses the information provided herein pursuant to the
Market Abuse Regulation (EU No 596/2014, "MAR"). The information was
submitted for publication by the aforementioned person on 25 October 2016 at
1 p.m. (CET).

Savo-Solar in brief

Savo-Solar with its highly efficient collectors and large-scale solar thermal
systems has taken solar thermal technology to the next level. The company's
collectors are equipped with the patented nano-coated direct flow absorbers,
and with this leading technology, Savo-Solar helps its customers to produce
competitive clean energy. Savo-Solar's vision is to be the first-choice
supplier to high performance solar installations on a global scale. Focus is
on large-scale applications like district heating, industrial process heating
and real estate systems - market segments with a big potential for rapid
growth. The company primarily delivers complete systems from design to
installation, using the best local partners. Savo-Solar is known as the most
innovative company in the business, and aims to stay as such. The company has
sold and delivered its products to 18 countries on four continents.
Savo-Solar's shares are listed on Nasdaq First North Sweden with the ticker
SAVOS and on Nasdaq First North Finland with the ticker SAVOH.
www.savosolar.fi.

The Company's Certified Adviser is Mangold Fondkommission AB, phone: +46 8
5030 1550.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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 Oyj via Globenewswire

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