Alelion receives SEK 23,5m by exercising of warrants of series TO2 with an exercise rate of 93%

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Alelion Energy Systems AB (“Alelion or the Company”) carried out a rights issue of shares and free-of-charge warrants during October 2020. The exercise period of the warrants of series TO2 was between May 14 – 28 2021, and thus has ended. In total, 70 526 510 warrants of series TO2 were used to subscribe for shares, corresponding to an exercise rate of approximately 93 percent.

In total, 70 526 510 warrants, corresponding to approximately 93 percent of the total number, were used to subscribe for 23 508 835 shares at a subscription price of SEK 1,0 per share. Through the exercise of warrants, Alelion receives proceeds of approximately SEK 23,5m before issuance costs.

Åsa Nordström, Alelion’s CEO, comments: “We are currently in an exciting but challenging period of growth and are pleased with the continued strong confidence that our shareholders show us by subscribing for over 93%”

Number of shares and share capital

Through the exercise of warrants, the number of shares in Alelion increases by 23,508,835 shares, from 223,182,620 to 246,691,455 shares. The share capital increases by SEK 470,176.70, from SEK 4,463,652.40 to SEK 4,933,829.10. For existing shareholders who have not exercised any warrants, the dilution of capital amounts to approximately 9.5 percent based on the number of shares in Alelion after full exercise of all warrants of series TO2.

Redeye AB acts as financial adviser, Setterwalls Advokatbyrå AB as legal adviser and Aktieinvest FK AB as the issuing agent in the rights Issue.

This disclosure contains information that Alelion Energy Systems AB is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 01-06-2021 08:30 CET.

VD Åsa Nordström  +46 702 90 18 58,

CFO Christian Bergaust +46 702 93 50 40,

Chairman of the Board Alf Blomqvist +46 733 14 97 00,

About Alelion Energy Systems AB (publ)
Alelion is a lithium-ion technology solution provider and manufacturer of battery systems. Alelion makes its clients succeed with their electrification of industrial vehicles and transformation to more sustainable use of energy. With powerful solutions, automated production and an empowering approach, Alelion constantly strives forward, for a better tomorrow. Alelion is headquartered in Gothenburg, Sweden.
We have and give the power to change.

Alelion’s major owners are Pegroco Invest, Blomqvist Listed Sustainability and Fouriertransform. The company’s share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm, with G&W Fondkommission as Certified Adviser, e-mail:, phone: +468-503 000 50.

Alelion Energy Systems AB
Sörredsbacken 4, SE-418 78 Göteborg
info@alelion.comOrg nr: 556710-7916

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