Subscription of Shares with Stock Options 2019

Betolar Plc

Company Release 8 March 2022 at 6 PM EET

Subscription of Shares with Stock Options 2019

Altogether 13 222 new shares in Betolar Oyj (”Company”) have been subscribed with stock options 2019 on 9 February 2022. The subscription price, a total of EUR 8,404.00, has been booked in the invested non-restricted equity.

The subscribed new shares have been registered with the Trade Register on 3 March 2022. After the registrations, the total number of shares in the Company is now 19 489 099 shares.

The new shares will be subject to trading at the First North Growth Market Finland, maintained by Nasdaq Helsinki Ltd, together with the pre-existing shares approximately as of 11 March 2022.

Additional information on the stock option programs is available in the Company’s listing prospectus published on 26 November 2021, https://www.betolar.com/ipo

Betolar Oyj

Further enquiries 

Riikka Ylikoski, CFO, Betolar Plc, +358 40 828 2632

Certified Adviser:

Skandinaviska Enskilda Banken AB (publ) Helsinki Branch, +358 9 6162 8000

About Betolar

Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime® solution. The solution converts several previously unused, massive industrial by-products into a cement substitute.

Betolar's artificial intelligence innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes. Betolar’s mission is to enable the green transformation of various industries globally, especially in the construction, process and energy industries by providing solutions to utilise its unique materials technology.

Betolar was founded in 2016 and is headquartered in Kannonkoski, Finland.

For more information, visit https://www.betolar.com/