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