Scandinavian Enviro Systems AB (publ) explores the conditions for carrying out a directed share issue
Summary
Enviro has engaged Pareto Securities AB as Sole Manager and Bookrunner (the "Manager") to explore the conditions for carrying out the issue.NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.The Board of Directors of Enviro intends to carry out the Directed Share Issue based on the authorisation resolved at the Companys annual general meeting in 2022. The Board of Directors has deemed it crucial that the Company can secure its financing in the short and medium term to enable long-term value creation through its ownership in the JV-company. All of the Companys board members and senior executives have undertaken, with customary exceptions, not to sell or in other ways dispose their shares (and other securities) in the Company for a period of 90 calendar days after the announcement of the outcome of the Directed Share Issue.Pareto Securities AB acts as Sole Manager and Bookrunner, Wigge & Partners Advokat KB acts as legal adviser to the Company and Baker McKenzie Advokatbyr\xe5 KB is legal adviser to Pareto Securities AB in connection with the Directed Share Issue.For further information, please contact: Thomas S\xf6rensson, CEO Enviro, +46 (0)735-10 53 43, thomas.sorensson@envirosystems.se Alf Blomqvist, Chairman of the Board Enviro, +46 (0)733-14 97 00, alf@blomqvistunlimited.comMangold Fondkommission AB is Enviros Certified Adviser on Nasdaq First North Growth Market Stockholm.The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, Australia, Hong Kong, Japan, Canada, New Zeeland, Switzerland, Singapore, South Africa, Russia and Belarus or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law.