Exercise of call option for shares in Swedish Stirling

David Zaudy has exercised a call option for 156,250 shares in Swedish Stirling AB (publ) at a strike price of SEK 8 per share, in accordance with a call option issued by OÜ Dagny in connection with Swedish Stirling’s issue of convertible bonds in March 2020. On account of this, OÜ Dagny sells shares in the company.

Swedish Stirling’s main owner OÜ Dagny (”Dagny”) has transferred 156,250 shares in Swedish Stirling due to the exercise of a call option issued by Dagny at a strike price of SEK 8 per share. Dagny is a company wholly-owned by the chairman of the board, Sven Sahle. The call option was issued in connection with that Swedish Stirling carried out an issue of convertible bonds of MSEK 100, which was announced on 7 March 2020.

The exercised call option could be exercised up until and including 6 March 2022. Since the call option is issued by Dagny, the exercise does not entail any dilution for other shareholders in Swedish Stirling.

For further information please contact:

Sven Ljungberg, CCO, Swedish Stirling AB, +46 (0)31 385 88 30  ir@swedishstirling.com. 

About Swedish Stirling AB

Swedish Stirling AB is a Swedish clean-tech company founded in 2008 with a mission to further refine the incomparable ability of Stirling technology to convert thermal energy to electricity. The company’s latest product – the PWR BLOK 400-F – is a unique proprietary solution for recycling energy from industrial residual and flare gases and converting these into 100% carbon-neutral electricity at high efficiency. According to an independent certification, the PWR BLOK is the cheapest way to generate electricity that exists today, yielding greater CO₂ savings per krona invested than any other type of energy. Swedish Stirling AB is listed on Nasdaq First North Premier and FNCA Sweden AB is appointed Certified Adviser, +46(0)8-528 00 399, info@fnca.se.  Read more at www.swedishstirling.com