Enviro’s Board and management intend to subscribe around 7,1 million warrants
The Board and the Management Team of Scandinavian Enviro Systems AB have announced their intention to exercise around 7,1 million warrants of series 2018/2019 (TO2). The subscription period for the options continues until September 13, 2019.
The subscription price for warrants of series 2018/2019 (TO2) has, as previously communicated, been set at SEK 0.40. Holders of warrants have the right to subscribe for one (1) new share in Enviro for each owned warrant for SEK 0.40 per share.
The number of warrants that will then be subscribed for by members of the Board and members of the management amounts to 7,070,712, corresponding to a subscription of 7,070,712 shares with a value of approximately SEK 2.8 million.
For more information, please contact:
Thomas Sörensson, CEO Enviro, +46 (0)735-10 53 43
Urban Folcker, CFO Enviro, +46 (0)760-00 13 11
Alf Blomqvist, Board Chairman Enviro, +46 (0)733 149 700
Mangold Fondkommission AB, +46 8 503 01 550, email@example.com, is Enviro’s Certified Advisor at Nasdaq First North Growth Market.