Solwers organizes a directed share issue in connection with the company acquisition in Sweden
Solwers Plc Company release 21 February 2023 at 15.30 EET
Solwers organizes a directed share issue in connection with the company acquisition in Sweden
Solwers Plc will organize a directed share issue to the sellers due to the acquisition of Transport Consultancy Group Nordic AB, press release of which was issued today. The share issue will be organized in deviation from the shareholders' pre-emptive right to subscription of shares, and based on the authorisation given by Solwers Plc's Annual General Meeting to the Board of Directors on 22 April 2021.
The subscription price for the shares is EUR 4,83, which is the volume-weighted average price of Solwers Plc's shares quoted on the First North Growth Market marketplace during the month prior to the acquisition. The number of shares to be directed to the sellers is 81,505 shares. The registration of the new shares is expected to take place in March 2023. The total number of shares issued by Solwers Plc will increase due to this share issue from 9,874,782 to 9,915,067 shares. The number of treasury shares possessed by the Company will decrease from 41,220 to 0.
Solwers Plc
Board of Directors
Further information
Leif Sebbas, Chairman of the Board, Solwers Plc, mobile +358 50 044 7744
Olli Kuusi, General Counsel, Solwers Plc, mobile +358 400 355 033
Financial advisor:
UB Securities Oy, Ville Väisänen, CEO, mobile +358 40 588 6769,
email: ville.vaisanen@unitedbankers.fi
Solwers in brief
Solwers started operations in 2017, and today it is a fast-growing group of companies with 23 subsidiaries operating under their own names and almost 600 experts offering various design services for more sustainable living environments. The group companies offer architectural design, technical consulting, electrical, automation and transmission engineering, project management, environmental monitoring and circular economy, financial management services, digital and logistics solutions in Finland and Sweden.