Savosolar’s rights issue subscribed to 264 per cent

23 June 2020

Savosolar’s rights issue of approximately EUR 4.3 million was heavily oversubscribed. 83.6 per cent of the rights issue was allocated to subscribers who subscribed for shares with subscription rights and 16.4 per cent to those who subscribed for shares without subscription rights.

Augment acted as financial advisor to Savosolar in connection with the transaction.

Read the full press release here.