The CEO of Josab International AB (JOSA) converts 900.000 warrants into shares
Andrej Setina, CEO of Josab International AB, has converted 900,000 warrants into shares which provided the company with SEK 558 000 in equity. The subscription price was SEK 0.62 / share. The share capital was increased by SEK 90,000 to SEK 4,878,898.40 and the number of shares after the subscription to 48,788,984 pcs.
The warrants originate from a rights issue of shares that was decided at the Annual General Meeting on 11th of June 2013. Andrej Setina remains after this transaction, together with related parties, as the second largest individual owner of Josab International AB with 12,829,000 shares (approximately 26.3%) and 2,371,000 warrants.
Stockholm 8th of July 2015
For more information please contact:
Mr Yongjun Zhu Andrej Setina
Chairman CEO
+86 10 5169 5729 +46 70 537 06 67
zhuyongjun@interchina-bj.com andrej.setina@josab.com
About Josab International AB
Josab International AB manufactures and sells ecological water treatment solutions based on, by the company patented, unique filter material Aqualite™. Josab International AB has today five fully owned daughter companies, Josab Hungary Kft, Josab East Africa Ltd, Josab India Pvt Ltd, Josab China Ecological Water Treatment Systems Co Ltd and JOSINT Financial Services AB.