Swedish Stirling’s majority shareholder has applied to acquire preference shares equivalent of MSEK 18.6

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Swedish Stirling AB (publ)’s (”Swedish Stirling” or the ”Company”) majority shareholder, OU Dagny (”Dagny”), has made an application to acquire preference shares equivalent of MSEK 18.6 and, in connection thereto, sold common shares to finance the acquisition.

Swedish Stirling’s largest shareholder, Dagny, a wholly owned company to the Chairman of the Board of the Company, Sven Sahle, has made an application to acquire preference shares equivalent of MSEK 18.6 in the Company’s ongoing preference share issue. Dagny will neither be guaranteed nor prioritized in the allotment of shares. To finance the acquisition, Dagny has sold common shares in a block trade to institutional investors acting through ABG Sundal Collier.

- Our climate-compensating preference share is a completely unique product on the financial market that we are proud of. I would like to support it, not only in words but also in action, says Sven Sahle, Chairman of the Board of Swedish Stirling.

Following the sale of common shares, Dagny holds a total of 26,366,007 common shares corresponding to 20.5 percent of the total outstanding shares and votes in the Company.

 

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 – 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 one of the cheapest ways 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

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