Enersize Oyj (”Enersize” or the ”Company”) is contributed ca 259 884 SEK before emission costs through use of warrants TO2. During the fourth quarter of 2019, Enersize 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 2019 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.
In total 376 644 warrants were used, corresponding to about 1.28 percent of the warrants, for subscription of 564 966 shares at 0.46 SEK or 0.04438 EUR for each share. Thus, Enersize is contributed ca 259 884 SEK before emission costs. The excersise period for warrants TO2 (ENERSIZE TO 2) was ongoing between August 31 until September 11.
Number of shares
Following the use of the warrants the number of shares in Enersize increases with 259 884 shares, from 232 637 459, to 233 202 425 shares.
For current shareholders that has not used warrants, the dilution effect is 0.24 percent.
For more information about Enersize, please contact:
Anders Sjögren, CEO
Phone: +46 730 76 35 30
With its proprietary patent-pending automated software, Enersize Q+ for leakage management, data collection and analysis, Enersize can provide 10-50% energy savings in industrial compressed air systems. With Enersize Enterprise, the customers can measure and monitor several factories centrally. Through the recently acquired Enersize LEAQS system, the company has access to more than 9000 leakage management projects, and the associated more than 4000 customers worldwide. The combination of the company’s software services can increase the customer’s savings in running projects, while generating direct license and project revenue. 90% of the manufacturing industry uses compressed air, which constitutes about 2% of the world’s total electricity consumption. Among Enersize’s existing customers are one of the world’s largest manufacturers of flat screens and well-known car manufacturers and steel mills. The company is headquartered in Helsinki, have a sales offices in Gothenburg and Shanghai and a development office in Lund.
The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: ENERS. www.enersize.com
Mangold Fondkommission AB
Phone: +46 8 503 01 550