/PRNewswire/ Azelio has received a conditional order from Engazaat Development S.A.E. for 20 of Azelio s TES.POD® renewable energy storage units. The order.
Azelio has completed a directed share issue of approximately SEK 596 million
STOCKHOLM, March 10, 2021 /PRNewswire/ NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.
The Board of Directors of Azelio AB (publ) ( Azelio or the Company ) has, based on the authorization given by the annual general meeting on 14 May 2020, resolved on a directed issue of 10,638,225 new shares, corresponding to approximately 10 percent of the total number of outstanding shares in the Company, at a subscription price of SEK 56 per share (the Share Issue ). Through the Share Issue, the Company raises approximately SEK 596 million before transaction costs. The subscription price in the Share Issue has been determined through an accelerated book