Approximately 90 per cent of Savosolar Plc’s warrants under warrant plan 2-2020 have been used for subscription of shares, raising approximately EUR 1.25 million. The company has additionally decided on a directed share issue of approximately EUR 0.15 million. Therefore, a total of approximately EUR 1.4 million was raised in the transactions.
Augment acted as financial advisor to Savosolar in connection with the transaction.