As announced previously Cleantech Invest Oyj has been investigating a parallel listing on Nasdaq First North Stockholm. G&W Fondkommission has now been selected to handle this process and timing of the listing will be shortly after the new year.
Cleantech Invest's goal is to be the leading European cleantech accelerator. Parallel listing is a major step in executing this strategy. There is a lot of investment interest for clean technologies in Sweden and parallel listing will make it easier for Swedish investors to become shareholders in Cleantech Invest.
To increase the liquidity of the share Cleantech Invest is planning to carry out, in connection with the parallel listing, a limited emission in the range of 1 MEUR with an option attached to each share to subscribe more at a higher price for a limited time. The parallel listing is currently being prepared and exact information will follow in an investor memorandum to be published later.
CEO Alexander Lidgren comments: “We are very happy to start working with G&W. Many of the companies they have introduced to the market have performed exceptionally well during the last years. They have advised many leading cleantech companies and we believe that they understand this sector well. I am personally excited to take our share also to the Swedish stock market and I am confident that G&W has a suitable network to attract a professional investor base for Cleantech Invest to the benefit of all our shareholders.”
Comment from G&W: ”We are delighted to have been appointed as an advisor to such a prestigious company as Cleantech Invest, whose progress we have been following with interest for quite some time. Cleantech Invest has a portfolio of very fast growing companies within the cleantech sector. The company’s overall strategy is now to fully establish itself in the Swedish market as a professional and highly credible accelerator within this fast expanding sector. We are convinced that we will be able to assist Cleantech Invest in achieving its ambitious plans, by widening its investor base through this share issue and parallel listing”.
Cleantech Invest focuses on clean energy and efficient use of natural resources. The company has minority ownerships in a diversified portfolio of companies and is actively looking for new capital light and high impact businesses within the cleantech universe. Cleantech Invest invests in the most promising early-stage and growth cleantech companies in Finland, Sweden and in the Baltic Sea area. The company management team members are international pioneers in cleantech investing. Cleantech Invest is also a designated Accelerator in the Vigo Program initiated by the Ministry of Employment and the Economy. www.cleantechinvest.com.
Alexander Lidgren, Managing Director of Cleantech Invest Plc. Tel. +46 73 660 1007, firstname.lastname@example.org
Access Partners Oy, Certified Advisor. Tel. +358 9 682 9500
G&W Fondkommission. www.gwkapital.se
Malminrinne 1 b, 00180