Swedish Stirling gives notice of termination of the employment of the CFO
Swedish Stirling AB (publ) (“Swedish Stirling” or the “Company”) has given notice of termination of the employment of the Chief Financial Officer (CFO) in order to limit future costs for the Company. The CFO will remain in service and at the Company’s disposal during the notice period.
On 19 February 2023, Swedish Stirling announced that the Board of Directors had resolved to let the shareholders consider a proposal of voluntary winding-up of the Company at an extraordinary general meeting. As a consequence, and only due to these circumstances, and in order to limit future costs for the Company, the Company today has resolved to give notice of termination of the employment of the CFO, applying the six months’ notice period according to the employment agreement. The CFO will remain in service and at the Company’s disposal during the notice period.
This information is information that Swedish Stirling AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below on 28 February 2023 at 15:30 CET.
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 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 into electricity. The company’s latest product, the PWR BLOK unit, is a unique proprietary solution for recovering energy from industrial residual gases and heat, and for converting this into 100 percent carbon-neutral electricity with high efficiency. The company’s vison is to establish Stirling technology as the best option for local, sustainable electricity generation. 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.