Enersize Oyj publishes additions to the prospectus
Enersize Oyj ("Enersize" or the "Company") has prepared an addendum to the prospectus regarding "Invitation to subscribe for shares and warrants in Enersize Oyj" approved by the Finnish Financial Supervisory Authority ("FFI") on September 24, 2019 and published on the same day ( "prospectus"). The supplementary prospectus is part of, and should be read in conjunction with, the prospectus.
The supplementary prospectus has been drawn up following the announcement made by the Company on September 25, 2019 whereby the Company announced that they had received an order from the German Kruckenberg Drucklufttechnik GmbH regarding a pilot project at Barry Callebaut's chocolate factory in Hamburg, and the announcement on October 11, 2019 that the Company announced the Company successfully concluded negotiations with Venergy regarding the takeover of the customer base that Venergy worked up in the Chinese market, which Enersize acquires the right to eight customers.
The supplementary prospectus has been approved by FFI and will be available on Enersize's website (www.enersize.com) and Mangold's website (www.mangold.se) and will be made available on FFI's website (www.finanssivalvonta.fi).
Investors who have subscribed to the offer before the publication of this supplement to the Prospectus may choose to cancel their subscription. The cancellation right must be exercised within a notice period of two (2) Finnish banking days from the publication of this supplement to the Prospectus, ie. no later than October 15, 2019 at 18:00 Finnish time (17:00 Swedish time).
Cancellations must be submitted to the office where the subscription has been registered. Subscriptions registered through Mangold Fondkommission AB's website, however, cannot be canceled on the website but should be canceled by contacting Mangold Fondkommission AB at emissionser@mangold.se or telephone +46 (0) 8 503 015 80.
If an investor has canceled his subscription, the entire subscription amount already paid by that investor will be returned to the bank account of the investor given by the investor in connection with the subscription. The subscription amount will be refunded within three (3) business days after the subscription has expired. No interest will be paid for the amounts repaid.
Advisor
Mangold Fondkommission AB is financial adviser to Enersize in connection with the Rights Issue. The law firm Smartius Oy and Eversheds Sutherland Advokatbyrå AB are legal advisors to the Company.
Certified Advisor
Svensk Kapitalmarknadsgranskning AB
E-post: ca@skmg.se
Telefon: +46 11 32 30 732
For more information about Enersize, please contact:
Anders Sjögren, CEO
Telephone: +46(0)730-763530
E-mail: anders.sjogren@enersize.com
The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
Brief information about Enersize
With its proprietary patent-pending automated software, Enersize Q+ for leakage management, data collection and analysis, Enersize can provide 10-50% energy savings in industrial compressed air systems. With Enersize Enterprise, the customers can measure and monitor several factories centrally. Through the recently acquired Enersize 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 2% 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 Growth Market under the ticker: ENERS. www.enersize.com