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This has every opportunity of developing into significant business for Opcon. The customer indicates yearly sales for Opcon of some 10-40 million SEK already from 2013. This is yet another important step forward in developing our strategic activity in China. Our investment here is starting to bear fruit
Rolf Hasselström, President and CEO of Opcon AB
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Opcon: Issues 30 m shares at 0,57 SEK/share in directed issue to Chinese Snowman

Mon, Mar 24, 2014 08:44 CET

As authorized by the annual general meeting of shareholders, Opcon’s Board has decided to issue the 30,000,000 new shares at a price of SEK 0.57 per share to Hong Kong Snowman Technology Ltd. The decision follow on the earlier decision to direct a total of 30,000,000 new shares at a price of SEK 0.57 to Hong Kong Snowman Technology Ltd. a wholly owned subsidiary to Fuijan Snowman, Co. Ltd., Fuzhou, Fuijan, China. After registration of the 30.000.000 new shares in this issue and the 4,385,965 shares that are issued to GEM Global Yield Fund Ltd. at the same time the total number of shares in

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