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Azelio AB
Nasdaq First North Sweden (Sweden)
Azelio AB is a supplier of Stirling engine-based renewable energy solutions. The company's system is offered to customers in the global energy market who are building projects around the sun belt involving installations of between 500 kW and 20 MW for electrical production during the day together with a storage capacity of 13 hours. Geographically, it derives a majority of revenue from the EU and also has a presence in Sweden and other countries.
Sector:
ENERGY
Sector:
TECHNOLOGY
>
Fotovoltaico
Sector:
UTILITIES
Media
Instruments & Events
The shares and options available for this company. Including past events like IPOs, direct listings and exercise periods.
Type
Ticker
ISIN
Market
SHARE
AZELIO
SE0011973940
Nasdaq First North Sweden
Sweden (SE)
Details of share in Azelio AB with ticker AZELIO
Status
Active
Order book id
Amount of instruments
91 752 900
Par value
0.5000
Market cap
Currency
SEK
Segment
First North
First trading date
10 Dec 2018
Terms
Type
Price
Pre-money valuation
Time
IPO
22.00 SEK
690M SEK
20 Nov - 04 Dec 2018
IPO in Azelio AB
Market
Nasdaq First North Sweden
Subscription period
20 Nov - 04 Dec 2018
Subscription price
22.00 SEK
Price per share
22.00 SEK
Target to raise
300 000 000 SEK
Types
Share issue
Pre-money valuation
690 000 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
First trading date
10 Dec 2018
Issue terms
Open to the public in Sweden, and institutional investors in Sweden and international.
Type
Price
Pre-money valuation
Time
New issue
7.10 SEK
300.7M SEK
09 Dec - 23 Dec 2019
Share issue in Azelio AB
Market
Nasdaq First North Sweden
Subscription period
09 Dec - 23 Dec 2019
Subscription price
7.10 SEK
Price per share
7.10 SEK
Target to raise
350 800 000 SEK
Types
Share issue
Pre-money valuation
300 700 000 SEK
Subscription block size
Minimum subscription
Record date
05 Dec 2019
Offer status
Closed
Listing status
Listed
Issue terms
Existing shareholders in the Company receive one subscription right for each share held as of the record date. Six (6) subscription rights entitle the holder to subscribe for seven (7) new shares in the Rights Issue.
Result of offer
The Rights Issue comprised a maximum of 49,405,405 shares, of which 35,685,713 shares, corresponding to approximately 72 percent of the offered shares, have been subscribed for with subscription rights. Additionally, applications for subscription of 18,119,260 shares without subscription rights, corresponding to approximately 37 percent of the offered shares, have been received. The Rights Issue is thus oversubscribed and no guarantee commitments will need to be utilized.
Comments for offer & related information
The subscription price in the Rights Issue is SEK 7.10 per share, which corresponds to a discount of approximately 32 percent compared with the theoretical price after separation of subscription rights, based on the closing price of the Azelio share on Nasdaq First North Growth Market on 27 November 2019. The rights issue is secured to an amount of approximately SEK 225 million through a combination of subscription commitments and guarantee commitments.
People
Number of Employees
164 people
Jonas Eklind
CEO
Bo Dankis
Chairman of the board
Bo Dankis
Board member
Bertil Villard
Board member
Kent Janér
Board member
Pär Nuder
Board member
Mattias Bergman
Board member
Christopher Beaufait
Board member
Hicham Bouzekri
Board member
Company Details
Sector
ENERGY, TECHNOLOGY, UTILITIES

Address
Forsbrogatan 4
Zip code
662 34
City/district
Åmål
Country
Sweden (SE)
Registration number
556714-7607
LEI code
549300SJ2OCBQN1HH364
First trade date
10 Dec 2018
Registration date
06 Nov 2006
Short name
Azelio

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