During the fourth quarter of 2019, Enersize Oyj (“Enersize” or the “Company”) carried out a rights issue in the form of shares and free warrants. Those who subscribed for one share in the new share issue during the period 1 October to 16 October thus received a free enclosed warrant per subscription for every two (2) subscribed shares (“Warrant”). Each two (2) Warrants gives the right to subscribe for three (3) new shares in the Company. The subscription price when subscribing for a new share through the exercise of a Warrant is SEK 0.46 and EUR 0.04438 per share, respectively.
Conditions for series 2 warrants in summary:
Subscription of shares with the support of warrants is ongoing during the period 31 August to 11 September 2020.
Holders of warrants have the right to subscribe for three (3) new shares for every two (2) warrants at a subscription price of SEK 0.46 and EUR 0.04438 per share, respectively. Holders of warrants of series TO2 are asked to note that the current nominal share price for the Company (“ENERS”) is lower than the option's subscription price of SEK 0.46 per share.
Last day for trading
The last day to trade the TO2 warrants on the Nasdaq First North Growth Market was August 27, 2020.