Last day of trading in Alelion's warrants of series TO2

The exercise period of the warrants of series TO2 issued in connection with Alelion Energy Systems AB (“Alelion” or the “Company”) rights issue of units during November 2020 runs until and including Friday, May 28, 2021. Last day for trading in warrants of series TO2 on Nasdaq First North Growth Market is tomorrow, May 26, 2021. Three (3) warrants give the right to subscribe for one (1) new share in Alelion at a price of SEK 1.0. Upon full exercise of all warrants, Alelion will receive approximately SEK 25 million before issue costs.

Instructions on how to subscribe for shares can be found in the press release that Alelion published on 14 May 2021 on Alelion's website, www.alelion.com.

Nominee-registered holders (holdings in securities custody services, investment savings accounts (ISK) or endowment insurances) of warrants TO2 must notify the redemption of warrants by contacting their respective nominee to give notice and then follow the nominee's instructions regarding subscription and payment. This should take place well before 28 May 2021 as different nominees have different processing times.

Directly registered holders (holdings on a VP account) of warrants of series TO2 must notify the redemption of warrants by filling in and submitting an application form for exercise, so that it is received by the issuing agent, Aktieinvest, no later than 17:00 on 28 May 2021. The application form is available on the Company's, the issuing agent's and Redeye AB's respective websites (www.alelion.com, www.aktieinvest.se, www.redeye.se).

Warrants not exercised on or before 28 May 2021 will expire without value. Holders who do not wish to exercise their warrants may sell them no later than tomorrow, 26 May 2021.

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

The information was submitted, through the care of the contact person below, for publication on 25 May 2021 at 13:00 CET.

CEO Åsa Nordström  +46 702 90 18 58, e-post: asa.nordstrom@alelion.com

Direct link to Press releases: https://alelion.com/press-releases/

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.com

Alelion’s major owners are Pegroco Invest 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: ca@gwkapital.se, phone: +468-503 000 50.

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