The Board of Directors of Swedish Stirling resolves on a new issue of preference shares of approximately SEK 100 million
The Board of Directors of Swedish Stirling AB (publ) ("Swedish Stirling" or the "Company") has today, by support of authorization from the annual general meeting on April 21, 2022, resolved to carry out an offering of newly issued climate-compensating[[1]] preference shares of approximately SEK 100 million (the “Offering”) to primarily finance the production and installation of PWR BLOK 400-F (“PWR BLOK”) at Glencore’s Lion smelter in Steelport, South Africa. As previously communicated by the Company, the Offering is supported by anchor investors Glencore International AG (“Glencore”), Merafe