Enersize Oyj presents clarification on warrants of series 1/2019

Enersize Oyj's ("Enersize") hereby publishes a clarification regarding the terms of the warrants of series 1/2019 which were issued in March 2019 and are admitted to trading on Nasdaq Stockholm First North. Clarification refers partly to exercise periods and partly to the exercise price in EUR.

The warrants have a term of three years from issuance and can be utilized twice a year, partly during the period 1 April - 30 April and partly during the period 1 October - 31 October. The last utilizing period is 30 days before the warrants expire, thus February 6 - March 8, 2022. Enersize hereby clarifies that in the event that an exercise period is terminated during a weekend, the closest weekday shall be the last day for exercising warrants in the respective exercise periods.

Four (4) warrants entitle to subscription of one (1) new share at an exercise price of SEK 4 per share or equivalent amount in EUR. Enersize hereby clarifies that the strike price is regulated in SEK and that respective warrant holders themselves shall contact their bank to make conversion from SEK to EUR in case this is needed.

Certified Advisor 

Sedermera Fondkommission

Telephone: +46(0)40-615 14 10

E-mail: ca@sedermera.se

For more information about Enersize, please contact: 

Anders Sjögren, CEO

Telephone: +46(0)730-763530

E-mail: anders.sjogren@enersize.com

Brief information about Enersize 

With its proprietary patent-pending automated software for leakage management, data collection and analysis, Enersize can provide 10-50% energy savings in industrial compressed air systems. Through the recently acquired LEAQS system, the company has access to more than 9000 leakage management projects, and the associated more than 4000 customers worldwide. The combination of the company’s software services can increase the customer’s savings in running projects, while generating direct license and project revenue. 90% of the manufacturing industry uses compressed air, which constitutes about 5% of the world's total electricity consumption. Among Enersize's existing customers are one of the world's largest manufacturers of flat screens and well-known car manufacturers and steel mills. The company is headquartered in Helsinki, have a sales office in Gothenburg and a development office in Lund. The company is listed on Nasdaq Stockholm First North under the ticker: ENERS. www.enersize.com