Powercell receives approximately SEK 225 million from share issue to investors

2017-05-05

MAQS Advokatbyrå has advised Powercell in connection with a directed share issue to international institutional investors as well as to Swedish and international investors.

The share issue was made in accordance with the authorization resolved at the AGM on April 11, 2016, in which the Board was authorized to issue shares with deviation from the shareholders’ preferential right. The share issue was completed through a bookbuilding-process and resulted in Powercell receiving approximate SEK 225 million before issue costs.

Powercell Sweden AB (Publ) is listed on First North, NASDAQ Stockholm. Powercell is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.

MAQS’ team consisted of lawyers Eric Ehrencrona and Wibeke Sorling.

 

Contact

Eric Ehrencrona

Advokat/Senior Associate
eric.ehrencrona@maqs.com Gothenburg
Telephone: +46 31 10 61 54
Mobile: +46 768 66 15 35

Show profile