Recalculation of Warrants (TO6) due to the Rights Issue in SaltX Technology

Due to the rights issue in SaltX Technology Holding AB which was resolved upon an extraordinary general meeting on 5 November 2019 recaluclation has been made in accordance with the terms of outstanding warrants 2018/2021 (TO6) regarding subscription price and the number of shares. 

Against this background, the new subscription price is SEK 12.71 per share and the new number of warrants is 1.9555 per share. If TO6 is fully utilized the number of shares fo series B in the company increases by 7,980,869 (previously 7,803,295). Other subscription terms remain unchanged. The terms are available at the company’s webpage.

For further information, please contact:
Carl-Johan Linér (CEO) +46705-532 08 08
Harald Bauer (CFO) +46708-10 80 34

About SaltX Technology
SaltX Technology develops and sells a patented energy storage technology based on nanocoated salt. The Company collaborates with partners such as Spanish INERCO ITC, German Steinmüller and Chinese Shuangliang. SaltX Technology's shares are listed on the Nasdaq First North Premier Growth Market. FNCA Sweden AB, +468-528 00 399, info@fnca.se, is SaltX Technology's certified adviser. For more information, visit: www.saltxtechnology.com.

Stockholm, December 3, 2019

About Us

SaltX Technology is an award-winning company in Sweden which has developed a worldwide patented ground-breaking nano technology, storing energy in salt for an unlimited amount of time to provide heating and/or cooling. The company is primary focusing on large scale energy storage, which is required to deal with the inconsistency of renewable energy supply. SaltX´s innovation, built with nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewable energy, globally.

Subscribe

Documents & Links