Through the exercise of warrants, the fuel cell company PowerCell Sweden AB (publ) gets a capital injection up to SEK 23.9 million.
In order to facilitate the subscription in conjunction with the exercise of PowerCell’s incentive program (TO2) for senior executives and key employees, Pareto Securities AB has placed 1,504,554 shares. The incentive program comprises 1,950,520 warrants, corresponding to an equal number of shares. At maximum subscription, PowerCell gets a capital injection of SEK 23.9 million.
Gothenburg, Sweden, December 13, 2016
For further information, please contact:
CEO, PowerCell Sweden AB (publ)
Phone: +46 (31) 720 36 20
The following documents can be retrieved from beQuoted PowerCell_Pressrelease_2016-12-13_English.pdf
This information is insider information that PowerCell Sweden AB (Publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:15 CET on December 13, 2016.