Previous corporate restructurings and share issues
Company Description of the Merger published on November 18, 2022
Savosolar Oyj Company Description
Appendices to the Company Description
- Savosolar Oyj – H1 2022
- Savosolar Oyj – Annual Report 2021
- Savosolar Oyj – Annual Report 2020
- Meriaura Oy – H1 2022
- Meriaura Oy – Financial Statements 2021
- Meriaura Oy – Financial Statements 2020
- Biolaite Oy – H1 2022
- Biolaite Oy – Financial Statements 2021
- Biolaite Oy – Financial Statements 2020
- VG EcoFuel Oy – H1 2022
- VG EcoFuel Oy – Financial Statements 2021
- VG EcoFuel Oy – Financial Statements 2020
Extraordinary General Meeting November 25, 2022
Savosolar Plc’s Extraordinary General Meeting was hold on Friday, 25 November 2022 at 10:00 (EET) at Scandic Simonkenttä at the address Simonkatu 9, 00100 Helsinki, Finland.
Files
- Notice to Extraordinary General Meeting 25.11.2022
- Fairness Opinion issued by Access Partners Ltd
- Savosolar Shareholder GM Instruction (English) 2022-11-03
- Savosolar Shareholder GM Instruction (Swedish) 2022-11-03
- Savosolar Oyj Board statement 2022-11-03
- Privacy Notice Savosolar Plc’s EGM 2022-11-03
Presentations from the press conference on August 29, 2022
Savosolar Meriaura Management presentation
Video (in Finnish)
Other presentations:
Right Issue October 2021
Prospectus
Marketing and informational material
- Marketing Brochure
- Aktiedagen Stockholm
7 September 2021
Savosolar’s presentation
Company announcements
Savosolar Plc
Company Announcement 1 November 2021 at 4:30 p.m. (CET)
Savosolar’s rights issue subscribed to 88.5 percent
Read company announcement >>
Savosolar Plc
Company Announcement 18 October 2021 at 1:15 p.m. (CEST)
Savosolar has drawn up a supplement to the prospectus
Read company announcement >>
Savosolar Plc
Company Announcement 15 October 2021 at 8:30 a.m. (CEST)
Savosolar Plc’s business review for January–September 2021
Read company announcement >>
Savosolar Plc
Company Announcement 4 October 2021 at 12:15 p.m. (CEST)
Savosolar publishes EU growth prospectus in connection to its EUR 6.1 million rights issue
Read company announcement >>
Schedule
Certain important dates related to the Offering
Finland and Sweden
| 5 October 2021 | First day of trading excluding the right to receive Subscription Rights |
| 6 October 2021 | Record date for the Offering |
| 11 October – 19 October 2021 | Trading period for subscription rights |
| 11 October – 25 October 2021 | The subscription period for the rights issuein Sweden |
| 11 October – 27 October 2021 | The subscription period for the rights issue in Finland |
| 11 October 2021 | Trading starts in intermediary shares (BTA) |
| 1 November 2021 | Announcement of the outcome of the Offering |
| 9 November 2021 | Last day of trading in the intermediary shares on First North Growth Market Finland |
| 12 November 2021 | Last day of trading in the intermediary shares on First North Growth Market Sweden |
| Week 46, 2021 | First day of trading with the Warrants on First North Growth Market Finland and First North Growth Market Sweden (estimate) |
Financial reports
Right Issue & Stock option program 2020
Prospectus
The subscription period for shares that can be subscribed for on the basis of the Warrant Plan 3-2020 (TO7) shall be 6 September – 17 September 2021.
The subscription price per share for the Warrant Plan 3-2020 (TO7) will be defined between 23 August 2021 and 3 September 2021.
Marketing and informational material
Events calendar
Aktiedagen Stockholm
7 September 2021
Savosolar’s presentation
Company presentation in English
3 June 2020, 18:30 Finnish time / 17:30 Swedish time
https://savosolar.videosync.fi/rights-issue
Stora Aktiedagen Göteborg
10 November 2020
Savosolar’s presentation
Company announcements
Savosolar Plc
Company Announcement 22 September 2021 at 9:15 a.m. (CEST)
Approximately 69.58 per cent of the warrants in Savosolar Plc’s warrant plan 3-2020 used for subscription of shares
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Savosolar Plc
Company Announcement 6 September 2021 at 7:00 a.m. (CEST)
Subscription period for shares based on Savosolar Plc’s Warrant Plan 3-2020 starts on 6 September 2021
Read company announcement >>
Savosolar Plc
Company Announcement 24 March 2021 at 4:00 p.m. (CET)
Approximately 89.51 per cent of the warrants in Savosolar Plc’s warrant plan 2-2020 used for subscription of shares
Read company announcement >>
Savosolar Plc
Company Announcement 8 March 2021 at 8:30 a.m. (CET)
Savosolar has agreed on a 30 per cent top guarantee in connection with the Warrant Plan 2-2020
Read company announcement >>
Savosolar Plc
Company Announcement 8 March 2021 at 8:15 a.m. (CET)
Subscription period for shares based on Savosolar Plc’s Warrant Plan 2-2020 starts on 8 March 2021
Read company announcement >>
Savosolar Plc
Company Announcement 25 November 2020 at 11:30 a.m. (CET)
Approximately 90.82 per cent of the warrants in Savosolar Plc’s warrant plan 1-2020 used for subscription of shares
Read company announcement >>
Savosolar Plc
Company Announcement 9 November 2020 at 10:15 a.m. (CET)
Savosolar has agreed on a 30 per cent top guarantee in connection with the Warrant Plan 1-2020
Read company announcement >>
Savosolar Plc
Company Announcement 9 November 2020 at 8:00 a.m. (CET)
Subscription period for shares based on Savosolar Plc’s Warrant Plan 1-2020 starts on 9 November 2020
Read company announcement >>
Savosolar Plc
Company Announcement 23 June 2020 at 4:00 p.m. (CEST)
Savosolar’s rights issue subscribed to 263.7 %
Read company announcement >>
Savosolar Plc
Company Announcement 1 June 2020 at 14:15 p.m. (CEST)
The subscription period for Savosolar’s rights issue begins today; the company invites investors to virtual investor meetings
Read company announcement >>
Savosolar Plc
Company Announcement 25 May 2020 at 11:15 a.m. (CEST)
Savosolar publishes prospectus for EUR 4.3 million rights issue
Read company announcement >>
Savosolar Plc
Company Announcement 17 April 2020 at 10:00 a.m. (CEST)
Savosolar’s Board of Directors amends its proposal to the Annual General Meeting to be held on 27 April 2020 regarding authorization
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Savosolar Plc
Company Announcement 17 April 2020 at 8:45 a.m. (CEST)
Savosolar plans to arrange a rights issue of approximately 4.3 MEUR with additional warrants
Read company announcement >>
Financial reports
Right Issue March 2019
Prospectus
Marketing and informational material
Events calendar
7 March 2019 at Mangold Fondkommission AB
Engelbrektsplan 2, 114 34 Stockholm
13 March 2019 at 5:00-7:00 p.m. Osakesäästäjien yhtiöilta in Turku
Kokouskeskus Mauno, Presidentti-sali
Tykistönkatu 6, Turku
18 March 2019 Pörssin Avoimet ovet -ilta
Pörssitalo, Fabianinkatu 14, 00100 Helsinki
Savosolar’s presentation is in Peilisali at 6:00 p.m.
Company announcements
Savosolar Plc
Company Announcement 22 March 2019 at 7:00 p.m. (CET)
Savosolar’s rights issue fully subscribed
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Savosolar Plc
Company Announcement 15 March 2019 at 4:10 p.m. (CET)
Savosolar has drawn up a supplement to the prospectus
Read company announcement >>
Savosolar Plc
Company Announcement 14 March 2019 at 5:15 p.m. (CET)
Savosolar Plc has drawn up a supplement to the prospectus
Read company announcement >>
Savosolar Plc
Company Announcement 22 February 2019 at 12:45 p.m. (CET)
Savosolar publishes prospectus for EUR 5.3 million rights issue and discloses new information
Read company announcement >>
Savosolar Plc
Company Announcement 19 February 2019 at 3:20 p.m. (CET)
Savosolar Plc: Updated time schedule for the rights issue
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Savosolar Plc
Company Announcement 22 January 2019 at 8:30 p.m. (CET)
Resolutions of Savosolar Plc’s Extraordinary General Meeting
Read company announcement >>
Schedule
Certain important dates related to the Offering
Finland and Sweden
| 20 February 2019 | Year-End Report is published |
| 22 February 2019 | Resolution regarding the rights issue by the Board of Directors |
| 22 February 2019 | The prospectus is published |
| 22 February 2019 | Last day of trading including the right to receive subscription rights |
| 25 February 2019 | First day of trading excluding the right to receive subscription rights |
| 26 February 2019 | Record date for the rights issue |
| 1 March – 13 March 2019 | Trading period for subscription rights |
| 1 March – 15 March 2019 | The subscription period for the rights issue in Sweden |
| 1 March – 19 March 2019 | The subscription period for the rights issue in Finland |
| 15 March 2019 | Trading starts in intermediary shares (BTA) |
| 21 March 2019 | Announcement of the outcome of the rights issue |
| 2 April 2019 | Last day of trading in the intermediary shares on First North Finland |
| 4 April 2019 | Last day of trading in the intermediary shares on First North Sweden |
Financial reports
Rights Issue June 2018
Prospectus
Marketing and informational material
Events calendar
11 June 2018 at Sheraton Hotel, Stockholm
Tegelbacken 6, Stockholm
Aktiespararna Småbolagsdagen
Savosolar’s presentation at 12:40-13:10
Company announcements
Savosolar Plc
Company Announcement 13 July 2018 at 3:00 p.m. (CEST)
Savosolar’s rights issue oversubscribed and resolved to execute a directed issue
Read company announcement >>
Savosolar Plc
Company Announcement 5 July 2018 at 3:30 p.m. (CEST)
Savosolar has drawn up a supplement to the prospectus
Read company announcement >>
Savosolar Plc
Company Announcement 14 June 2018 at 11:00 a.m. (CEST)
Savosolar arranges a rights issue of approximately EUR 3,5 million, publishes a prospectus and discloses information not previously published
Read company announcement >>
Savosolar Plc
Company Announcement 13 June 2018 at 8:00 a.m. (CEST)
Resolutions of Savosolar Plc’s Extraordinary General Meeting
Read company announcement >>
Schedule
Certain important dates related to the Offering
Finland and Sweden
| 15 June 2018 | First day of trading excluding theSubscription Rights |
| 18 June 2018 | Record date for the Offering |
| 21 June – 4 July 2018 | Trading period for the Subscription Rights |
| 21 June 2018 | Trading starts in temporary shares (BTA) |
| 21 June – 6 July 2018 | The Subscription Period for the Offering in Sweden |
| 21 June – 10 July 2018 | The Subscription Period for the Offering in Finland |
| 13 July 2018 | Announcement of the outcome of the Offering |
| 23 July 2018 | Last day of trading in the temporary shares on First North Finland and Sweden |
| week 31, 2018 | First day of trading with the Warrants on First North Finland and Sweden (estimate) |
Financial reports
Rights Issue June 2017
Prospectus
Marketing and informational material
- Investor Presentation at Scandic Anglais Stockholm, 26 June 2017 (in Swedish)
- Presentation in investor events in Finland, 19-21 June 2017
- Analysguiden’s report “Nya pengar för fortsatt tillväxt, 14 June 2017
- Marketing brochure on Rights Issue – Invitation to subscribe
- Presentation at Småbolagsdagen in Stockholm, 12 June 2017
Events calendar
12 June 2017 at Sheraton Hotel, Stockholm
Tegelbacken 6, Stockholm
Aktiespararna Småbolagsdagen
Savo-Solar’s presentation at 13:20-13:50 in the room Haga
Presentations can be followed during the event and after it at www.smabolagsdagen.net.
19 June 2017 at Hotel President, Helsinki
Eteläinen Rautatiekatu 4, Helsinki, room Kaarlo
17:00 Savo-Solar’s presentation, Managing Director Jari Varjotie
18:00 Serving
20 June 2017 at Tulli Business Park, Tampere
Åkerlundinkatu 11 A, Tampere, 1st floor restaurant space
17:00 Savo-Solar’s presentation, Managing Director Jari Varjotie
17:45 Serving
18:30 Event ends
21 June 2017 at Panimoravintola Koulu, Turku
Eerikinkatu 18, Turku, 2nd floor Bellman room
17:00 Savo-Solar’s presentation, Managing Director Jari Varjotie
17:45 Serving
18:30 Event ends
26 June 2017 at Scandic Anglais, Stockholm
Humlegårdsgatan 23, Stockholm
Financial Stockholm and Aktiespararna (Sthlm Vasa)
Savo-Solar’s presentation at 18:30-19:00, CFO Nalle Stenman
Company announcements
Savo-Solar Plc
Company Announcement 26 July 2017 at 7:30 a.m. (CEST)
Updated time schedule in Sweden regarding Savo-Solar’s rights issue and two directed issues
Read company announcement >>
Savo-Solar Plc
Company Announcement 20 July 2017 at 11:30 a.m. (CEST)
The new shares subscribed for in Savo-Solar’s rights issue and two directed share issues will be registered with the Trade Register approximately on 21 July 2017
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Savo-Solar Plc
Company Announcement 6 July 2017 at 8:55 a.m. (CEST)
Savo-Solar Plc’s rights issue oversubscribed and the company resolved to execute directed share issues as well as a new stock option plan for the management.
Read company announcement >>
Savo-Solar Plc
Company Announcement 30 June 2017 at 3:00 p.m. (CEST)
As announced on 29 June 2017, Savo-Solar has been selected as the preferred bidder in a tender for the delivery of a solar thermal plant to the company newHeat SAS in France. For this reason, the company has drawn up a supplement to the prospectus dated 7 June 2017.
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Savo-Solar Plc
Press release 8 June 2017 at 3 p.m. (CEST)
Jari Varjotie, Managing Director of Savo-Solar Plc is presenting the company’s business and outlook to investors and analysts on 12 June in Stockholm, on 19 June in Helsinki, on 20 June in Tampere and on 21 June in Turku. In addition, Savo-Solar’s CFO Nalle Stenman is presenting the company’s business and outlook to investors and analysts on 26 June in Stockholm.
Read company announcement >>
Savo-Solar Plc
Company Announcement 7 June 2017 at 3:30 p.m. (CEST)
Savo-Solar arranges a rights issue of EUR 4.3 million, publishes a prospectus and discloses new information
Read company announcement >>
Savo-Solar Plc
Company Announcement 29 May 2017 at 4:45 p.m. (CEST)
Savo-Solar announces its plan to arrange a rights issue of approximately EUR 4.3 million and discloses financial information for the period 1 January – 31 March 2017
Read company announcement >>
Schedule
Certain important dates related to the Offering
Finland
| 7 June 2017 | Prospectus is published |
| 9 June 2017 | Record Date in Euroclear Finland |
| 14 June 2017 | Subscription Period commences |
| 14 June 2017 | Trading in the Temporary Shares and Subscription Rights commences on First North Finland |
| 26 June 2017 | Last day of trading in the Subscription Rights on First North Finland |
| 30 June 2017 | Subscription period ends in Finland |
| week 28, 2017 | Results of the Offering are announced (estimated) |
| week 29, 2017 | Offer Shares registered with the Finnish Trade Register (estimated) |
| week 29, 2017 | Last day of trading in the Temporary Shares on First North Finland (estimated) |
| week 29, 2017 | Offer Shares delivered to the book-entry accounts of subscribers in Euroclear Finland (estimated) |
| week 30 2017 | Warrants delivered to the book-entry accounts of subscribers in Euroclear Finland (estimated) |
| week 30 2017 | Trading in the Warrants commences on First North Finland (estimated) |
Sweden
| 7 June 2017 | Prospectus is published |
| 9 June 2017 | Record Date in Euroclear Sweden |
| 14 June 2017 | Subscription Period commences |
| 14 June 2017 | Trading in the Temporary Shares and Subscription Rights commences on First North Sweden |
| 26 June 2017 | Last day of trading in the Subscription Rights on First North Sweden |
| 28 June 2017 | Subscription period ends in Sweden |
| 4 July 2017 | Results of the Offering are announced (estimated) |
| week 28, 2017 | Offer Shares registered with the Finnish Trade Register (estimated) |
| week 29, 2017 | Last day of trading in the Temporary Shares on First North Sweden (estimated) |
| week 29, 2017 | Offer Shares delivered to the book-entry accounts of subscribers in Euroclear Sweden (estimated) |
| week 30 2017 | Warrants delivered to the book-entry accounts of subscribers in Euroclear Sweden (estimated) |
| week 30 2017 | Trading in the Warrants commences on First North Sweden (estimated) |
Financial reports
Initial Public Offering and share issues
During February and March 2015 Savo-Solar arranged an Initial Public Offering, in which a total of 2,036,850 new class A shares were subscribed and the company received 737 new shareholders.
After the offering the total number of shares in the company amounted to 5,295,810. The subscription price per share subscribed for in the Initial Public Offering was EUR 2.00 (SEK 18.28). Savo-Solar recorded issue proceeds of approximately EUR 4.0 million (before transaction costs) to the unrestricted equity fund. Of the total issue proceeds approximately EUR 1.2 million were paid by means of set-off.
The new class A shares subscribed for in the offering were registered with the Trade Register on 25 March 2015 and trading with the shares commenced on Nasdaq First North Sweden on 2 April 2015. Savo-Solar also applied for secondary listing of class A shares on Nasdaq First North Finland and the trading was started in Helsinki on 24 April 2015. During the listing the company’s Class B shares were converted into Class A shares at the ratio of 1: 1.
Prospectus (Initial Public Offering 2015) (English, with Swedish summary)
In the rights issue carried out in December 2015, a total of 10,591,620 new shares were subscribed. After the registration of the new shares the total number of shares was 15,887,430.
Prospectus Rights issue 2015 (English)
In May 2016 the company issued a total of 19,445 new shares of the company as a partial remuneration to the members of the Board of Directors without consideration, in accordance with the decision of the Annual General Meeting. After that the number of shares is 15,906,875.
In connection with the rights issue in September 2016, the number of the company’s shares was increased besides the major rights issue also in three further rights issues. After the new shares were registered, the total number of the company’s shares in November 2016 was 35,469,332.
Prospectus Rights issue 2016 (English)
In the rights issue arranged in June 2017 and in the related two directed share issues a total of 74,221,533 new shares were subscribed. After the registration of new shares at the end of July 2017 the total number of shares in Savo-Solar was 109,690,865.