RESOLUTIONS OF SAVOSOLAR PLC'S EXTRAORDINARY GENERAL MEETING

Savosolar PlcCompany Announcement            22 January 2019 at 8:30 p.m. (CET) RESOLUTIONS OF SAVOSOLAR PLC'S EXTRAORDINARY GENERAL MEETINGThe Extraordinary General Meeting of Savosolar Plc was held on 22 January 2019 in Helsinki. A total of 15 shareholders participated in the meeting,...

London, 22/01/2019 (informazione.news - comunicati stampa - energia)

Savosolar Plc
Company Announcement            22 January 2019 at 8:30 p.m. (CET)

The Extraordinary General Meeting of Savosolar Plc was held on 22 January 2019 in Helsinki. A total of 15 shareholders participated in the meeting, representing 4,381,233 shares, i.e. approximately 1.2 per cent of all shares and votes of the company.

The Extraordinary General Meeting resolved on the following issue:

The General Meeting resolved in accordance with the proposal of the Board of Directors to authorize the Board of Directors to decide, in one or more transactions, on the issuance of shares and the issuance of options and other special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act as follows:

The number of shares to be issued based on the authorization may in total amount to a maximum of 2,000,000,000 shares, representing approximately 572.68 per cent of the company's shares on the date of this notice.

The Board of Directors decides on all the terms and conditions of the issuances of shares and of options and other special rights entitling to shares. The issuance of shares and of options and other special rights entitling to shares may be carried out in deviation from the shareholders' pre-emptive rights (directed issue), if there is a weighty financial reason for the company.

Shares may be conveyed either against payment or free of charge in the company's share issues. A directed share issue may be a share issue without payment only if there is an especially weighty reason for the same both for the company and in regard to the interests of all shareholders in the company.

The authorization replaces the authorization granted by the Extraordinary General Meeting on 12 June 2018 to the Board of Directors to resolve on the issuance of shares and the issuance of options and other special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act. The authorization shall be valid until 22 January 2024.

SAVOSOLAR PLC
Board of Directors

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.com

Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, "MAR"). The information was submitted for publication by the aforementioned person on 22 January 2019 at 8:30 p.m. (CET).

www.savosolar.com

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