Enersize Oyj (“Enersize” or “the Company”) hereby announces that the insider and board member Sami Mykkänen intends to exercise all of its holdings of series 1/2017 stock options (the “Stock options”), which were decided by the Board on 20 March 2017.
In total, there are 2,232,500 Stock options, for subscription of the same number of new shares in the Company, which corresponds to approximately 67 percent of the total number of Stock options and an investment of approximately EUR 4.5. The subscription period for shares with Sami Mykkänen's Stock options is March 20, 2017 – December 31, 2024, and the subscription price for one share is EUR 0.000002. The subscription price has been determined in accordance with an agreement on stock options entered into on 30 September 2014.
Through the exercise of the Stock options, the number of shares in the Company increases to 474,780,205 shares, which corresponds to a dilution of less than 1 percent.
For more information about Enersize, please contact:
Anders Sjögren, CEO
Phone: +46 730 76 35 30
E-mail: ir@enersize.com
Erik Sundqvist, CFO
Phone: +46 720 92 83 62
E-mail: erik.sundqvist@enersize.com
The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
About Enersize
Enersize develops and delivers smart software, tools, and services to enable energy optimisation of industrial compressed air systems. The industry expertise of our people and solutions, together with a commitment to become the global leader in compressed air efficiency software, has made Enersize a recognised leader for customers around the world. Enersize is a merger of multiple Nordic companies with experience from more than 7,000 customer projects.
The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: ENERS.
For more information visit https://enersize.com
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